Question: Required: Indicate the reporting classification of each transaction by choosing the appropriate classification code. Note: The first item is provided as an example. table
Required:
Indicate the reporting classification of each transaction by choosing the appropriate classification code. Note: The first item is provided as an example.
tableClassificationsTransactionsInvesting activity cash inflow Sale of land. Issuance of common stock for cash. Purchase of treasury stock. Conversion of bonds payable to common stock. Lease of equipment. Sale of patent. Acquisition of building for cash. Issuance of common stock for land. Collection of note receivable principal amount Issuance of bonds. Issuance of stock dividend. Payment of property dividend. Payment of cash dividends. Issuance of shortterm note payable for cash. Issuance of longterm note payable for cash. Purchase of marketable debt securities available for sale" Payment of note payable. Cash payment for fiveyear insurance policy. Sale of equipment. Issuance of note payable for equipment.
Payment of note payable.
Cash payment for fiveyear insurance policy.
Sale of equipment.
Issuance of note payable for equipment.
Acquisition of common stock of another corporation.
Repayment of longterm debt by issuing common stock.
Payment of semiannual interest on bonds payable.
Retirement of preferred stock.
Loan to another company.
Sale of inventory to customers.
Purchase of marketable securities cash equivalents
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