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Below are a number of transactions that took place in Willie Corporation during the past year: Transaction Activity Cash Inflow / Outflow a. Common stock
Below are a number of transactions that took place in Willie Corporation during the past year: |
Transaction | Activity | Cash Inflow / Outflow | |
a. | Common stock was sold for cash. | (Click to select)InvestingFinancingOperatingNone | (Click to select)Cash outflowCash inflowNone |
b. | Equipment was sold for cash. | (Click to select)NoneInvestingFinancingOperating | (Click to select)NoneCash inflowCash outflow |
c. | A long-term loan was made to a subsidiary. | (Click to select)OperatingNoneInvestingFinancing | (Click to select)Cash inflowNoneCash outflow |
d. | Interest was received on loan to subsidiary. | (Click to select)NoneFinancingInvestingOperating | (Click to select)NoneCash outflowCash inflow |
e. | Interest Payable, a current liability, was reduced. | (Click to select)InvestingNoneFinancingOperating | (Click to select)NoneCash outflowCash inflow |
f. | A stock dividend was declared and issued on common stock. | (Click to select)InvestingNoneFinancingOperating | (Click to select)NoneCash outflowCash inflow |
g. | A building was acquired by issuing shares of common stock. | (Click to select)OperatingInvestingNoneFinancing | (Click to select)Cash inflowCash outflowNone |
h. | Accrued Income Taxes, a current liability account, was reduced. | (Click to select)FinancingOperatingNoneInvesting | (Click to select)Cash inflowCash outflowNone |
i. | Long-term investments were sold. | (Click to select)InvestingNoneOperatingFinancing | (Click to select)Cash inflowNoneCash outflow |
j. | Cash dividends were declared and paid. | (Click to select)OperatingFinancingNoneInvesting | (Click to select)Cash inflowCash outflowNone |
k. | Preferred stock was sold for cash. | (Click to select)InvestingFinancingOperatingNone | (Click to select)Cash outflowNoneCash inflow |
l. | Bonds were retired. | (Click to select)OperatingInvestingFinancingNone | (Click to select)Cash outflowNoneCash inflow |
m. | Dividends were received on an investment. | (Click to select)FinancingNoneOperatingInvesting | (Click to select)Cash inflowCash outflowNone |
n. | Equipment was purchased by giving a long-term note to the seller. | (Click to select)OperatingNoneFinancingInvesting | (Click to select)Cash inflowCash outflowNone |
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