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Chapter 12 - Homework Assignment - Question 2 of 6 /1 Kiley Corporation had these transactions during 2025. Analyze the transactions and indicate whether each
Chapter 12 - Homework Assignment - Question 2 of 6 /1 Kiley Corporation had these transactions during 2025. Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity. a. Purchased a machine for $30,000, giving a long-term note in exchange. b. Issued \$50,000 par value common stock for cash. Financing Activity Investing Activity c. Issued $200,000 par value common stock upon conversion of bonds having a Noncash Investing and Financing Activity face value of $200,000. Operating Activity. d. Declared and paid a cash dividend of $13,000. e. Sold a long-term investment with a cost of $15,000 for $15,000 cash. t. Collected $16,000 from sale of goods. g. Paid $18,000 tosuppliers
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