Identify the cash flows operating , financing , investing Non cash items.
Impact of Transactions Involving Operating Assets on Statement of Cash Flows
From the following list, identify each item as operating (O), investing (I), financing (F), or not separately reported on the statement of cash flows (N).
Purchased of land
Proceeds from sale of land
Gain on sale of land
Purchase of equipment
Depreciation expense
Proceeds from sale of equipment