Consider the following transactions: a. Purchased equipment for $ 130,000 cash. b. Issued $ 14 par preferred
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a. Purchased equipment for $ 130,000 cash.
b. Issued $ 14 par preferred stock for cash.
c. Cash received from sales to customers of $ 35,000.
d. Cash paid to vendors, $ 17,000.
e. Sold building for $ 19,000 gain for cash.
f. Purchased treasury stock for $ 28,000.
g. Paid a notes payable with 1,250 shares of the company’s common stock.
Identify the category of the statement of cash flows in which each transaction would be reported.
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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