Rapture Company had the following transactions. 1. Issued $200,00 of bonds payable. 2. Paid utilities expense. 3.

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Rapture Company had the following transactions.
1. Issued $200,00 of bonds payable.
2. Paid utilities expense.
3. Issued 500 shares of preference shares for$45,000.
4. Sold land and a building for $250,000.
5. Lent $30,000 to Dead End Company, receiving Sead End’s 1-year, 12% note.
Classify each of these transactions by type of cash flow activity (operating, investing, or financing,).

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Financial accounting

ISBN: 978-1118285909

IFRS Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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