please help with the assignment. thank you 1. A statement of cash flows contains the following sections: a. net cash flo

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please help with the
assignment. thank you
1. A statement of cash flows contains the following
sections:
a. net cash flow from operating activities
b. cash flows from investing activities
c. cash flows from financing activities
d. investing and financing activities not
affecting cash
A list of items that appear on the statement is provided
below:
____ 1. Depreciation expense
____ 2. Decrease in accounts payable
____ 3. Conversion of bonds to common stock
____ 4. Payment of dividends, declared last fiscal year
____ 5. Proceeds from issuance of short-term note payable,
not relating to operating activities
____ 6. Payment for purchase of a building
____ 7. Bond premium amortization using the effective interest
method
____ 8. Issuance of common stock to convert bonds payable
Required:
In the space provided, using the letters (a-d), indicate in
which section(s) of the statement of cash flows the preceding items
would most likely be classified (indirect method for operating
activities). After each item affecting cash, indicate with a
plus sign (+) or a minus sign (−) whether the item would be
reported as an increase (inflow) or a decrease (outflow).