Donnahoo Investments specializes in low risk government bonds Identify each of
Donnahoo Investments specializes in low-risk government bonds. Identify each of Donnahoo’s transactions as operating (O), investing (I), financing (F), noncash investing and financing (NIF), or a transaction that is not reported on the statement of cash flows (N). Indicate whether each item increases (+) or decreases (-) cash. The indirect method is used for operating activities.
a. Loss on sale of equipment
b. Decrease in accounts receivable
c. Acquisition of equipment by issuance of note payable
d. Increase in accounts payable
e. Payment of cash dividend
f. Purchase of long-term investment with cash
g. Cash sale of land
h. Increase in prepaid expenses
i. Increase in salary payable
j. Depreciation of equipment
k. Sale of long-term investment
l. Issuance of common stock for cash
m. Decrease in accrued liabilities
n. Amortization of intangible assets
o. Acquisition of building by cash payment
p. Payment of long-term debt
q. Issuance of long-term note payable to borrow cash
r. Purchase of treasury stock
s. Net income

Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help