Question: Marching the letter with correct answer Chapter 6 Matching a. Operating activity Long-term tangible property that a firm owns b. Investing activity Distribution of earnings

 Marching the letter with correct answer Chapter 6 Matching a. Operating
  • Marching the letter with correct answer
activity Long-term tangible property that a firm owns b. Investing activity Distribution

Chapter 6 Matching a. Operating activity Long-term tangible property that a firm owns b. Investing activity Distribution of earnings to shareholders c. Financing activity A stockholders' equity account d. Fixed assets Used to record purchase of a fixed asset for a note e. Long-term investment A 5-year note payable f. Common stock Sales receipt g. Dividends A financial instrument that matures in more than 1 year h. Long-term debt Used to record amounts received from a note payable i. Bank deposit Sale of common stock j. Journal entry Purchase of common stock ? () ENG 12:40 AM 4/23/2020 hp

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