Homework Answers
1. Financing activity
2. Operating activity
3. Financing activity
4. Investing activity
5. Investing activity
Please ask if you have any query related to the question. Thank you
Add Answer to:
Classify tr flow activi DO IT! 12.1 (LO 1) Ragsdell Corporation had the following transactions. 1....
E12.1 (LO 1) Tabares Corporation had these transactions during 2020. a. Issued $50,000 par value common...
E12.1 (LO 1) Tabares Corporation had these transactions during 2020. a. Issued $50,000 par value common stock for cash. b. Purchased a machine for $30,000, giving a long-term note in exchange. c. Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. d. Declared and paid a cash dividend of $18,000. e. Sold a long-term investment with a cost of $15,000 for $15,000 cash. f. Collected $16,000 from sale of goods. g. Paid $18,000...
Tabares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing...
Tabares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity. (a) Issued $50,000 par value common stock for cash. (b) Purchased a machine for $30,000, giving a long-term note in exchange. (c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. (d) Declared and paid a cash dividend of $18,000. (e) Sold a long-term investment with a cost...
ley Corporation had these transactions during 2017. Analyze the transactions and indicate whether each transaction is...
ley Corporation had these transactions during 2017. Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing a (a) Purchased a machine for $30,000, giving a long-term note in exchange (b) Issued $50,000 par value common stock for cash. (c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. (d) Dedared and paid a cash dividend of $13,000. (e) Sold a long-term...
QS 12-1 Transaction classification by activity LO C1 Classify the following cash flows as either operating,...
QS 12-1 Transaction classification by activity LO C1 Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Paid cash for property taxes on building. 2. Received cash dividends from investments. 3. Paid accounts payable with cash. 4. Sold stock investments for cash. 5. Paid cash for a building. 6. Cash paid to purchase long-term investments. 7. Received cash from long-term debt issuance. Issued preferred stock for cash. 9. Issued common stock for cash....
Classify transactions by activity. Indicate impact on cash and profit. (LOI) AP (b) P17-1B You are...
Classify transactions by activity. Indicate impact on cash and profit. (LOI) AP (b) P17-1B You are provided with the following transactions that took place during a recent fiscal year: (a) Transaction Classification 1. Paid telephone bill for the month. 2. Sold land for cash, at a gain. 3. Acquired land by issuing common shares. 4. Paid a cash dividend to preferred shareholders. 5. Performed services for cash. 6. Performed services on account. 7. Purchased inventory for cash. 8. Purchased inventory...
#33 QS 12-1 A Saved Check my work mode : This shows what is correct or...
#33 QS 12-1 A Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indi 1 QS 12-1 (Algo) Classifying transactions by activity LO C1 1 points Classify the following cash flows as either operating, investing, or financing activities, assuming the indirect method. Answer is complete but not entirely correct. 1. 2. ✓ 3. 4. 5. 6. 7. 8. Cash Flow Paid cash interest on outstanding...
Stock Transactions for Corporate Expansion On December 1 of the current year, the following accounts and...
Stock Transactions for Corporate Expansion On December 1 of the current year, the following accounts and their balances appear in the ledger of Latte Corp., a coffee processor: Preferred 2% Stock, $75 par (500,000 shares authorized, 150,000 shares issued) $11,250,000 Paid-In Capital in Excess of Par-Preferred Stock 1,800,000 Common Stock, $100 par (700,000 shares authorized, 250,000 shares issued) 25,000,000 Paid-In Capital in Excess of Par-Common Stock 2,000,000 50,000,000 Retained Earnings At the annual stockholders' meeting on March 31, the board...
Question 6 Company XYZ had the following transactions during the year: 1. Increase in accounts receivable...
Question 6 Company XYZ had the following transactions during the year: 1. Increase in accounts receivable 2. Purchased equipment 3. Sold land 4. Depreciation of truck 5. Increase in accounts payable 6. Decrease in notes payable 7. Issuance of common stock 8. Gain on sale of land Classify each transaction as (1) operating, investing, or financing, and (2) increase or decrease in cash. You can also classify a transaction as a noncash activity.
3. The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and...
3. The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates a wholesale warehouse. Indicate whether each transaction increases (1), decreases (D), or has no effect (N) for each activity along with its amount. [10 points) Example: Paid S5,000 in rent on the warehouse building for the month of March a. Issued 30,000 shares of common stock in exchange for $300,000 in cash. b. Purchased equipment at a cost of $40,000. $10,000 cash was...
The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates...
The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates a wholesale warehouse. Issued 43,000 shares of common stock in exchange for $430,000 in cash. Purchased equipment at a cost of $66,000. $23,000 cash was paid and a note payable to the seller was signed for the balance owed. Purchased inventory on account at a cost of $116,000. The company uses the perpetual inventory system. Credit sales for the month totaled $133,000. The cost...
E12.1 (LO 1) Tabares Corporation had these transactions during 2020. a. Issued $50,000 par value common stock for cash. b. Purchased a machine for $30,000, giving a long-term note in exchange. c. Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. d. Declared and paid a cash dividend of $18,000. e. Sold a long-term investment with a cost of $15,000 for $15,000 cash. f. Collected $16,000 from sale of goods. g. Paid $18,000...
Tabares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity. (a) Issued $50,000 par value common stock for cash. (b) Purchased a machine for $30,000, giving a long-term note in exchange. (c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. (d) Declared and paid a cash dividend of $18,000. (e) Sold a long-term investment with a cost...
ley Corporation had these transactions during 2017. Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing a (a) Purchased a machine for $30,000, giving a long-term note in exchange (b) Issued $50,000 par value common stock for cash. (c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. (d) Dedared and paid a cash dividend of $13,000. (e) Sold a long-term...
QS 12-1 Transaction classification by activity LO C1 Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Paid cash for property taxes on building. 2. Received cash dividends from investments. 3. Paid accounts payable with cash. 4. Sold stock investments for cash. 5. Paid cash for a building. 6. Cash paid to purchase long-term investments. 7. Received cash from long-term debt issuance. Issued preferred stock for cash. 9. Issued common stock for cash....
Classify transactions by activity. Indicate impact on cash and profit. (LOI) AP (b) P17-1B You are provided with the following transactions that took place during a recent fiscal year: (a) Transaction Classification 1. Paid telephone bill for the month. 2. Sold land for cash, at a gain. 3. Acquired land by issuing common shares. 4. Paid a cash dividend to preferred shareholders. 5. Performed services for cash. 6. Performed services on account. 7. Purchased inventory for cash. 8. Purchased inventory...
#33 QS 12-1 A Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indi 1 QS 12-1 (Algo) Classifying transactions by activity LO C1 1 points Classify the following cash flows as either operating, investing, or financing activities, assuming the indirect method. Answer is complete but not entirely correct. 1. 2. ✓ 3. 4. 5. 6. 7. 8. Cash Flow Paid cash interest on outstanding...
Stock Transactions for Corporate Expansion On December 1 of the current year, the following accounts and their balances appear in the ledger of Latte Corp., a coffee processor: Preferred 2% Stock, $75 par (500,000 shares authorized, 150,000 shares issued) $11,250,000 Paid-In Capital in Excess of Par-Preferred Stock 1,800,000 Common Stock, $100 par (700,000 shares authorized, 250,000 shares issued) 25,000,000 Paid-In Capital in Excess of Par-Common Stock 2,000,000 50,000,000 Retained Earnings At the annual stockholders' meeting on March 31, the board...
3. The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates a wholesale warehouse. Indicate whether each transaction increases (1), decreases (D), or has no effect (N) for each activity along with its amount. [10 points) Example: Paid S5,000 in rent on the warehouse building for the month of March a. Issued 30,000 shares of common stock in exchange for $300,000 in cash. b. Purchased equipment at a cost of $40,000. $10,000 cash was...
Most questions answered within 3 hours.
-
Calculate the number density of argon gas at a temperature of
24C and a pressure of...
asked 2 hours ago -
Alternative
Classification
How to Estimate
Probabilities from Data? ( For continuous Attributes)
And How to generate...
asked 2 hours ago -
An explosion breaks a 20.0-kg object into three parts. The
object is initially moving at a...
asked 3 hours ago -
Calculate the approximate number of residues of Rubisco, which
is involved in carbon fixation in plants,...
asked 4 hours ago -
Other decisions about scientific claims can have a much broader
impact.ENERGYarrow-10x10.png, environment, health, security - all...
asked 5 hours ago -
I need to write a research paper and work cited about this
topic: The United States...
asked 6 hours ago -
Hello! I was wondering if I could have some help?
If the vapor pressure of carvone...
asked 6 hours ago -
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 6 hours ago -
What would be the input/output characteristic of a circuit
obtained by putting two of your 2's-complementers...
asked 6 hours ago -
In Drosophila, the transition from the syncytial blastoderm
stage to the cellular blastoderm stage is a...
asked 7 hours ago -
Project management question:
Name 3 different types of resources (hint: humans are one
type)
asked 7 hours ago -
Consider the following reaction: C 2H 2( g) + 2H 2( g) C 2H 6(
g)...
asked 7 hours ago