Indicate whether each of the following transactions records an operating activity, an investing activity, a financing activity, or a noncash investing and financing activity. The statement of cash flows is prepared by the indirect method.

Transcribed Image Text:

18,000 h. Cash 81,000 a. Equipment Cash Common Stock Capital in Excess of Par 12,000 69,000 18,000 7,200 i. Treasury Stock 45,000 Cash b. Cash 7,200 Long-Term Investment 13,000 c.Bonds Payable d. Building e. Loss on Disposal of Equipment f. Dividends Payable 45,000 164,000 1,400 16,500 22,100 Cash 13,000 Cash 60,000 Accounts Receivable 10,000 22,000 87,000 9,000 Note Payable, Long-Term 164,000 70,000 Service Revenue k. Salary Expense 1,400 16,500 22,100 Cash 22,000 87,000 9,000 Equipment, Net I. Land Cash Cash Furniture and Fixtures m. Depreciation Expense Cash Accumulated Depreciation