equirement . Indicate whether each of the transactions affects an operaing activ

Question

equirement . Indicate whether each of the transactions affects an operaing activity, an investing activity, a financing activiy, or a noncash investing and financing activity a. Financing activity Data Table a. Cash 61,000 h. Equipment 11,000 Common Stock 10,000 Cash 11,000 Paid-in Capital in Excess of Par 51,000 Furniture and Fixtures 18,000 b. Dividends Payable Cash 13,000 Cash 18,000 52,000 11,000 13,000 Cash c Cash d Building e Treasury Stock f Depreciation Expense 9 Land 7,000 Accounts Receivable Long-Term Investment 7,000 Service Revenue 63,000 105,000 k. Salary Expense 14,000 Note Payable-Long-Term 105,000 Cash 14,000 12,000 L Loss on Disposal of Equipment 1,000 Cash 12,000 Equipment, Net 1,000 5,000 m Bonds Payable Cash 35,000 Accumulated Depreciation 5,000 35000 15000 Cash 15,000

Explanation / Answer

a Financing b Financing c Investing d Noncash Investing e Financing f Operating g Investing h Investing i Investing j Operating k Operating l Investing m Investing

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