Question
Consider the following transactions: a. cash 81,000 common stock 81,000 b. treasury stock 13,000 cash 13,000 c. cash 60,000 sales revenue 60,000 d. land 87,700
Consider the following transactions:
a. cash 81,000
common stock 81,000
b. treasury stock 13,000
cash 13,000
c. cash 60,000
sales revenue 60,000
d. land 87,700
cash 87,700
e. depreciation expense 9,000
accumulated depreciation 9,000
f. dividends payable 16,500
cash 16,500
g. land 18,000
cash 18,000
h. cash 7,200
equipment 7,200
i. bonds payable 45,000
cash 45,000
j. building 164,000
note payable, long-term 164,000
k. loss on disposal of equipment 1,400
equipment, net 1,400
Indicate whether each transaction would result in an operatiing activity, an investing activity, or a financing activity for an indirect method Statement of Cash Flows and the accompanying schedule of noncash investing and financial activities.
a. |
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| g. |
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b. |
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| h. |
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c. |
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| i. |
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d. |
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| j. |
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e. |
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| k. |
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