Moss Corporation had the following transactions. Issued $160,000 of bonds payable. Paid utilities expense. Issued 500 shares
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Moss Corporation had the following transactions.
Issued $160,000 of bonds payable.
Paid utilities expense.
Issued 500 shares of preferred stock for $45,000.
Sold land and a building for $250,000.
reWst iLoaened $30,000 to Dead End Corporation, receiving Dead End’s 1-year, 12% note.
Classify each of these transactions by type of cash flow activity (operating, investing, or financing). (Hint: Refer to Illustration 12-1.)
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9781119316022
8th Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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