The following material relates to Darrow Company:
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Cash Flows Classification |
Effect on Cash |
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Operating |
Investing |
Financing |
Increase |
Decrease |
Noncash |
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Data |
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a. Net loss |
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b. Increase in inventory |
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c. Decrease in receivables |
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d. Increase in prepaid insurance |
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e. Issuance of common stock |
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f. Acquisition of land, using notes |
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g. Purchase of land, using cash |
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h. Paid cash dividend |
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i. Payment of income taxes |
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j. Retirement of bonds, using cash |
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k. Sale of equipment for cash |
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Required Place an X in the appropriate columns for each of the situations.