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ley Corporation had these transactions during 2017. Analyze the transactions and indicate whether each transaction is...
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...
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...
1. 2. • Analyze the transactions you have and indicate whether each transaction resulted in a...
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• Analyze the transactions you have and indicate whether each transaction resulted in a cash flow from a) Operating activities b) Investing activities c) Financing activates d) Noncash investing and financing activities • Indicate whether the effect is a a) Cash Inflow b) Cash Outflow The HAHA & MAMA Corporation 1. Purchased an equipment for $11,000 and paid cash 2. Issued $50,000 par value common stock 3. Paid dividends of 12.000 during the year 4. Sold a long-term...
US waygand, Financsal Acceunting, 10e s Corporation had these transactions daring 2019 a) Issued 550,000 par...
US waygand, Financsal Acceunting, 10e s Corporation had these transactions daring 2019 a) Issued 550,000 par vale common stock for cash 0) Purchased a machine for $30,000,iving a longtee oto in exchange c) Inued $200,000 par vale common stock upon conversion of bonds having s face value of $300.00 (4) Declared and paid a cash dividend of $38,000, le) Sold a long torm investmont witha cost of $15,000 for $15,000 cah 100 colected $56,000 sale of goods. a Paid B.000...
morrow corporation Morrow Corporation had the following transactions during 2014: 1. Issued $125,000 of par value...
morrow corporation
Morrow Corporation had the following transactions during 2014: 1. Issued $125,000 of par value common stock for cash. 2. Recorded and paid wages expense of $60,000. 3. Acquired land by issuing commok stock of par value $50,000. 4. Declared and paid a cash dividend of $10,000. 5. Sold a long-term investment (cost $3,000) for cash of $3,000. 6. Recorded cash sales of $400,000. 7. Bought inventory for cash of $160,000. 8. Acquired an investment in Zynga stock for...
14) CSI Fashion Market had the following transactions during 2020: 1. Issued $250,000 of par value common stock for...
14) CSI Fashion Market had the following transactions during 2020: 1. Issued $250,000 of par value common stock for cash. 2. Repaid a 5 year note payable in the amount of $235,000. 3. Acquired Equipment by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $27,000. 5. Sold a long-term investment (cost $13,000) for cash 6. Acquired an investment in Wagner stock for cash of $10,000. What is the net cash provided by financing...
CSI Fashion Market had the following transactions during 2020: 1. Issued $250, 000 of par value...
CSI Fashion Market had the following transactions during 2020: 1. Issued $250, 000 of par value common stock for cash. 2. Repaid a 5 year note payable in the amount of $235,000. 3. Acquired Equipment by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $27,000. 5. Sold a long-term investment (cost $13,000) for cash of $6,000. 6. Acquired an investment in Wagner stock for cash of $10,000. What is the net cash provided...
15) Pace Tech Market had the following transactions during 2020: 1. Issued $50,000 of par value...
15) Pace Tech Market had the following transactions during 2020: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $100,000. 4. Declared and paid a cash dividend of $2,000. 5. Sold a long-term investment (cost $53,000) for cash of $82,000. 6. Acquired an investment in PwC stock for cash of $55,000. What is the net cash provided...
Pace Tech Market had the following transactions during 2020: 1.Issued $50,000 of par value common stock...
Pace Tech Market had the following transactions during 2020: 1.Issued $50,000 of par value common stock for cash. 2.Repaid a 6 year note payable in the amount of $22,000. 3.Acquired land by issuing common stock of par value $100,000. 4.Declared and paid a cash dividend of $2,000. 5.Sold a long-term investment (cost $53,000) for cash of $82,000. 6.Acquired an investment in PwC stock for cash of $55,000. What is the net cash provided (used) by investing activities? a.$15,000 b.$33,000 c.$27,000...
Listed below are several transactions. For each transaction, indicate whether the cash effect of each transaction...
Listed below are several transactions. For each transaction, indicate whether the cash effect of each transaction is reported in a statement of cash flows as an operating, investing, financing, or noncash activity. Also, indicate whether the transaction is a cash inflow or cash outflow, or has no effect on cash. The first answer is provided as an example. Transaction Type of Activity Operating Cash Inflow or Outflow Cash outflow Financing Investing 1. Payment of employee salaries 2. Sale of land...
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...
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...
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• Analyze the transactions you have and indicate whether each transaction resulted in a cash flow from a) Operating activities b) Investing activities c) Financing activates d) Noncash investing and financing activities • Indicate whether the effect is a a) Cash Inflow b) Cash Outflow The HAHA & MAMA Corporation 1. Purchased an equipment for $11,000 and paid cash 2. Issued $50,000 par value common stock 3. Paid dividends of 12.000 during the year 4. Sold a long-term...
US waygand, Financsal Acceunting, 10e s Corporation had these transactions daring 2019 a) Issued 550,000 par vale common stock for cash 0) Purchased a machine for $30,000,iving a longtee oto in exchange c) Inued $200,000 par vale common stock upon conversion of bonds having s face value of $300.00 (4) Declared and paid a cash dividend of $38,000, le) Sold a long torm investmont witha cost of $15,000 for $15,000 cah 100 colected $56,000 sale of goods. a Paid B.000...
morrow corporation
Morrow Corporation had the following transactions during 2014: 1. Issued $125,000 of par value common stock for cash. 2. Recorded and paid wages expense of $60,000. 3. Acquired land by issuing commok stock of par value $50,000. 4. Declared and paid a cash dividend of $10,000. 5. Sold a long-term investment (cost $3,000) for cash of $3,000. 6. Recorded cash sales of $400,000. 7. Bought inventory for cash of $160,000. 8. Acquired an investment in Zynga stock for...
14) CSI Fashion Market had the following transactions during 2020: 1. Issued $250,000 of par value common stock for cash. 2. Repaid a 5 year note payable in the amount of $235,000. 3. Acquired Equipment by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $27,000. 5. Sold a long-term investment (cost $13,000) for cash 6. Acquired an investment in Wagner stock for cash of $10,000. What is the net cash provided by financing...
CSI Fashion Market had the following transactions during 2020: 1. Issued $250, 000 of par value common stock for cash. 2. Repaid a 5 year note payable in the amount of $235,000. 3. Acquired Equipment by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $27,000. 5. Sold a long-term investment (cost $13,000) for cash of $6,000. 6. Acquired an investment in Wagner stock for cash of $10,000. What is the net cash provided...
15) Pace Tech Market had the following transactions during 2020: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $100,000. 4. Declared and paid a cash dividend of $2,000. 5. Sold a long-term investment (cost $53,000) for cash of $82,000. 6. Acquired an investment in PwC stock for cash of $55,000. What is the net cash provided...
Listed below are several transactions. For each transaction, indicate whether the cash effect of each transaction is reported in a statement of cash flows as an operating, investing, financing, or noncash activity. Also, indicate whether the transaction is a cash inflow or cash outflow, or has no effect on cash. The first answer is provided as an example. Transaction Type of Activity Operating Cash Inflow or Outflow Cash outflow Financing Investing 1. Payment of employee salaries 2. Sale of land...
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