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Putnam Corporation had these transactions during 2014. Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities,
Putnam Corporation had these transactions during 2014. Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities. Purchased a machine for $30,000, giving a long-term note in exchange. Issued $50,000 par value common stock for cash. Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. Declared and paid a cash dividend of $13,000. Sold a long-term investment with a cost of $15,000 for $15,000 cash. Collected $16,000 of accounts receivable. Paid $18,000 on accounts payable
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