Ragsdell Corporation had the following transactions. Classify each of these transactions by type of cash flow activity (operating, investing, or financing). 1. Issued $200,000 of
Ragsdell Corporation had the following transactions. Classify each of these transactions by type of cash flow activity (operating, investing, or financing).
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| Issued $200,000 of bonds payable. |
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| 2. |
| Paid utilities expense. |
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| 3. |
| Issued 500 shares of preferred stock for $45,000. |
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| Sold land and a building for $250,000. |
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| 5. |
| Lent $30,000 to Tegtmeier Corporation, receiving Tegtmeiers 1-year, 12% note |
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Authors: Auditor Publishing
1st Edition
B0863X5YGQ, 979-8624478718
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