Question #$10$: $30$ Points chapter $13$

Boston Inc. Had below transactions. Classify each transaction as operating, investing, financing or if not applicable explain why. $($Assume activities identified as operating activities are determined by direct method$).$

Made payments on accounts payable to office suppliers.

Paid the principal amount of a mortgage to Seventh Bank.

Paid interest charges relating to a mortgage to Seventh Bank.

Issued preferred stock for cash; management plans to use this cash in the near future to purchase another company.

Paid salaries to employees in the finance department.

Collected an account receivable from a customer.

Transferred cash from the general bank account into a money market fund.

Used the cash received in $4,$ to purchase Moran Manufacturing Co$.$

Made a year$-$nd adjusting entry to recognize amortization expense.

At year$-$end, purchased for cash an advertising spot on a local radio station for the next eight months.

Paid the annual dividend on preferred stock.

Paid the semiannual interest on bonds payable.

Received a semiannual dividend from an investment in the common stock of another corporation.

Sold for cash an investment in the copmmon stock of another corporation.

Received cash upon the maturity of an investment in cash equivalents. $($Ignore interest.$)$

$\backslash$table$[[1,$Operating, investing, financing, N$/$A$],[2,],[3,],[$ect$,]]$