Impact of Transactions Involving Issuance of Stock on Statement of Cash Flows Fr

Question

Impact of Transactions Involving Issuance of Stock on Statement of Cash Flows

From the following list, identify each item as operating, investing, financing, or not separately reported on the statement of cash flows.

Item Type of Activity Issuance of common stock for cash _________________ Issuance of preferred stock for cash _________________ Issuance of common stock for equipment _________________ Issuance of preferred stock for land and building _________________ Conversion of preferred stock into common stock _________________

Explanation / Answer

1) financing activity

2) financing activity

3) None

4) None

5) none

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