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Date Accounts Post Ref. Dr. Cr. a. Equipment 13,000 Cash 13,000 b. Cash 7,500 Long-term investment 7,500 C. Bonds payable 500,000 Cash 500,000 d.
Date Accounts Post Ref. Dr. Cr. a. Equipment 13,000 Cash 13,000 b. Cash 7,500 Long-term investment 7,500 C. Bonds payable 500,000 Cash 500,000 d. Building 180,000 Notes payable, long-term 180,000 e. Loss on disposal of equipment 1,000 Equipment 1,000 f. Dividend payable 15,000 Cash 15,000 9. Cash 80,000 Common stock 80,000 h. Treasury stock 10,000 Cash 10,000 i. Cash 65,000 Sales revenue 65,000 j. Land 83,500 Cash 83,500 k. Depreciation expense 9,200 Accumulated depreciation 9,200 Indicate whether each of the following transactions would result in an operating activity, an investing activity, a financing activity, or a transaction that does not affect cash for a statement of cash flows prepared using the indirect method. Click the icon to view the transactions.) a. Financing activity Investing activity No effect on cash Operating activity
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