Listed below are several transactions. For each transaction, indicate by letter whether the cash effect of each
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Cash Inflow or Outflow CI Transaction pe of Activi 1. Issuance of common sto 2. Sale of land for cash. 3. Purchase of treasury stock. 4. Collection of an account receivable 5. Issuance of a note payable 6. Purchase of inventory 7. Repayment of a note payable 8. Payment of employee salaries. 9. Sale of equipment for a note receivable 10. Issuance of bonds. 11. Investment in bonds. 12. Payment of interest on bonds payable 13. Payment of a cash dividend 14. Purchase of a building 15. Collection of a note receivable ck.
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Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
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