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need question 2 answered plz 1. For each transaction, determine the amount of cash flows. If cash is involved in the transaction indicate whether the
need question 2 answered plz
1. For each transaction, determine the amount of cash flows. If cash is involved in the transaction indicate whether the company should classify it as operating, investing, or financing in a statement of cash flows. (Enter N/A if the question is not applicable to the statement. List cash outflows as negative amounts.) Transaction Issue common stock for cash Purchase building and land with cash, Provide services to customers on account Pay Utilities on building Collect cash from customer on account Pay employee salanes Pay dividends to stockholders Operating. Investing Cash Flows or Financing $ 47,000 Financing $ (32,000 investing Investing S (850) Operating $ 4,700 Operating S (8,700) Operating S (3,700 Financing 2. Calculate net cash flows for the year. (List cash outflows as negative amounts.) $ Net cash flows for the yearStep by Step Solution
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