Question
Are the following events Operating, Investing, Financing, or non cash activity? Using the indirect method a. Cash 61,000 Common Stock 10,000 Paid-in capital in Excess
Are the following events Operating, Investing, Financing, or non cash activity? Using the indirect method
a. Cash 61,000
Common Stock 10,000
Paid-in capital in Excess of par 51,000
b. Dividends Payable 13,000
Cash 13,000
c. Cash 7,000
Long term investment 7,000
d. Building 105,000
Note Payable Long term 105,000
e. Treasury Stock 12,000
Cash 12,000
f. Depreciation expense 5,000
Accumulated Depreciation 5,000
g. Land 15,000
Cash 15,000
h. Equipment 10,000
Cash 10,000
i. Furniture and fixtures 18,000
Cash 18,000
j. Cash 52,000
Accounts Receivable 11,000
Service Revenue 63,000
k. Salary Expense 14,000
Cash 14,000
l. Loss on disposal of equipment 1,000
Equipment net 1,000
m. Bonds payable 35,000
Cash 35,000
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