Question
*General Electric Corporation made several business transactions. In the space provided, classify each transaction by using the following code letters: (O) operating activity (indirect method),
*General Electric Corporation made several business transactions. In the space provided, classify each transaction by using the following code letters: (O) operating activity (indirect method), (I) investing activity, (F) financing activity, and (N) significant noncash investing and financing activity. - --Nestle paid cash dividends to investors. -The city of Bassam sold land for cash at cost. -Receipt of cash dividends from another entity. -IUGB bought an equipment on credit. -Unilever bought treasury stocks for cash. -Your company paid income taxes to government. --A corporation issued long-term bonds for cash. --Collection of cash from customers for sales of goods. -College du Plateau made cash payments to employees for services. -SOTRA purchase equity securities of another entity for cash. --NSIA received interest on loans to another entity
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