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Moss Corporation had the following transactions. Classify each of these transactions by type of cash flow activity (operating, investing, or financing). (Hint:Refer to Illustration 12-1.)

Moss Corporation had the following transactions.

Classify each of these transactions by type of cash flow activity (operating, investing, or financing). (Hint:Refer to Illustration 12-1.)

1. Issued $160,000 of bonds payable. Financing ActivityInvesting ActivityOperating Activity
2. Paid utilities expense. Financing ActivityInvesting ActivityOperating Activity
3. Issued 500 shares of preferred stock for $45,000. Financing ActivityInvesting ActivityOperating Activity
4. Sold land and a building for $250,000. Financing ActivityInvesting ActivityOperating Activity
5. Loaned $30,000 to Dead End Corporation, receiving Dead Ends 1-year, 12% note.

Financing ActivityInvesting ActivityOperating Activity

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