Question
Cash sale of land (no gain or loss). Answer 1To chooseF +F-O +O-I +NIF Decrease in Accrued Liabilities. Answer 2To chooseF +F-O +O-I +NIF Increase
Cash sale of land (no gain or loss). | Answer 1To chooseF +F-O +O-I +NIF |
Decrease in Accrued Liabilities. | Answer 2To chooseF +F-O +O-I +NIF |
Increase in Accounts Payable. | Answer 3To chooseF +F-O +O-I +NIF |
Payment of cash dividend. | Answer 4To chooseF +F-O +O-I +NIF |
Increase in Salaries Payable | Answer 5To chooseF +F-O +O-I +NIF |
Payment of long-term debt. | Answer 6To chooseF +F-O +O-I +NIF |
Loss on sale of land. | Answer 7To chooseF +F-O +O-I +NIF |
Purchase of treasury stock | Answer 8To chooseF +F-O +O-I +NIF |
Issuance of long-term note payable to borrow cash. | Answer 9To chooseF +F-O +O-I +NIF |
Issuance of common stock. | Answer 10To chooseF +F-O +O-I +NIF |
Increase in Prepaid Expenses. | Answer 11To chooseF +F-O +O-I +NIF |
Net income | Answer 12To chooseF +F-O +O-I +NIF |
Acquisition of equipment by issuance of note payable. | Answer 13To chooseF +F-O +O-I +NIF |
Acquisition of building by issuance of common stock. | Answer 14To chooseF +F-O +O-I +NIF |
Decrease in Merchandise Inventory. | Answer 15To chooseF +F-O +O-I +NIF |
Depreciation Expense. |
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