Corporate Finance: Hw Instructions: [1] Please classify each transaction on the table [2] Transfer the date...

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Corporate Finance: Hw Instructions: [1] Please classify each transaction on the table [2] Transfer the date from the table to statement of cashflow [1] Item Account Receivable Account Payable Investment (Equipment) Issuing Common 2022 2021 $75,000 $80,000 $52,000 $40,000 Inventory Borrowing Money $10,000 $12,000 $75,000 52,000 Stock Paid Dividend $65,000 $60,000 Gain on sale $2,000 of Disposal Asset Short-Term Debt Long-Term Debt $8,500 $7,500 $90,000 $100,000 Depreciation $1,000 $1,000 $2,000 $1,500 $35,000 $25,000 Page < 1 Increased Decreased Operating Investing Financing Added of 2 Subtracted ZOOM + Corporate Finance: Hw Instructions: [1] Please classify each transaction on the table [2] Transfer the date from the table to statement of cashflow [1] Item Account Receivable Account Payable Investment (Equipment) Issuing Common 2022 2021 $75,000 $80,000 $52,000 $40,000 Inventory Borrowing Money $10,000 $12,000 $75,000 52,000 Stock Paid Dividend $65,000 $60,000 Gain on sale $2,000 of Disposal Asset Short-Term Debt Long-Term Debt $8,500 $7,500 $90,000 $100,000 Depreciation $1,000 $1,000 $2,000 $1,500 $35,000 $25,000 Page < 1 Increased Decreased Operating Investing Financing Added of 2 Subtracted ZOOM +

Answer rating: 100% (QA)

Classification of Transactions Item Increased Decreased Operating Investing Financing Accounts Recei... View the full answer