Question: Consider the following transactions a Purchased equipment for 130 000

Consider the following transactions:
a. Purchased equipment for $ 130,000 cash.
b. Issued $ 14 par preferred stock for cash.
c. Cash received from sales to customers of $ 35,000.
d. Cash paid to vendors, $ 17,000.
e. Sold building for $ 19,000 gain for cash.
f. Purchased treasury stock for $ 28,000.
g. Paid a notes payable with 1,250 shares of the company’s common stock.
Identify the category of the statement of cash flows in which each transaction would be reported.

Sale on SolutionInn
  • CreatedJanuary 16, 2015
  • Files Included
Post your question