Question 19 Hot Marked out 8.00 Flag Cash Flow Transactions (8 marta) RO Time 1:4439 Por sweh or the following traction date what section of the stuntoh would be under, for at det that would be more or af osho bet och Inco RADOS MUSS). I trusdan should not hown on the own, w "HONE Thitectons the tomtar OPERATING INVESTIGINANCING chos. A transaction can Investremure than one action or the shume than one amount You can use the treptat provided to in your newer. An examples has been done for you. Qon EXAMPLE Purchased a new machine for $40.000 cash ANSWER: INVESTING Doduct 30,000 1. A dividend was declared and paid for $30,000 2. Old equipment with a book value of $25,000 was sold for a loss of $5,000. 3. Elon Co. has a significant influence on Musk Co. and uses the Equity Method of accounting, Elon Co.'s share of Munk Co.'s net income for the year is $50,000 and the following entry was correctly made DEBIT Investment in Musk Co. 50,000 CREDIT Investment income 50,000 4. Purchased land costing $500,000 and paid by giving the seller common shares. A- B I 2. Old equipment with a book value of $25,000 was sold for a loss of $5,000. 3. Elon Co. has a significant influence on Musk Co. and uses the Equity Method of accounting. Elon Co.'s share of Musk Co.'s net income for the year is $50,000 and the following entry was correctly made: The 2. old equipment with a book value of $25.000 was sold for a lon of .000 3. Elon Co has a significant influence on Musk Co, and mos the Equity Muhod of accounting. Elon Co share of Musk Co's net income for the year is 550.000 and the following entry was correctly made Investment in Musk Co. 50,000 CREDIT Investment income 50.000 DEBIT 4. Purchased and conting $800.000 and paid by giving the seller common sen . in 20 Cash flow statement [17 marks] in for Angel Manic.Co, at December 31, 2021 and December 31, 2020 follow