Statement of cash Flows Reporting by Activities Transaction or Event Effect on Account Activity Sales for cash Credit (increase) retained earnings via income Operating Accounts receivable collection Credit(decrease) receivable Operating Insurance paid in cash Debit(decrease) retained earnings via income Operating Interest payment Debit(decrease) retained earnings via income Operating Accounts payable paid Debit(decrease) payable Operating Collection of noncurrent operating receivable Credit (decrease) receivable Operating Payment for plant assets Debit (increase) plant assets Investing Sale of investment Credit (decrease) investments Investing Repayment of loans Debit(decrease) loans Financing Payment of dividends Debit(decrease)retained earnings FinancingStatement of Cash Flows Reporting by Activities Transaction or Event Effect on Account Activity Sales for cash Credit (increase) retained earnings via income Operating Accounts receivable collection Credit (decrease) receivable Operating Insurance paid in cash Debit (decrease) retained earnings via income Operating Interest payment Debit (decrease) retained earnings via income Operating Accounts payable paid Debit (decrease) payable Operating Collection of noncurrent operating receivable Credit (decrease) receivable Operating Payment for plant assets Debit (increase) plant assets Investing Sale of investment Credit (decrease) investments Investing Repayment of loans Debit (decrease) loans Financing Payment of dividends Debit (decrease) retained earnings Financing