Question: Please do a to s , thank you!! Carter - Pierce Investments specializes in low - risk government bonds. Required Identify each of Carter -
Please do a to s thank you!!
CarterPierce Investments specializes in lowrisk government bonds.
Required Identify each of CarterPierce's transactions as operating O investing I financing F noncash investing and financing NIF or a transaction that is not reported on the statement of cash flows mathrmN Indicate whether each item increases or decreases cash. The indirect method is used for operating activities.
a Acquisition of building by cash payment
b Decrease in merchandise inventory
c Depreciation of equipment
d Decrease in accrued liabilities
e Payment of cash dividend
f Purchase of longterm investment
g Issuance of longterm note payable to borrow cash
h Increase in prepaid expenses
i Accrual of salary expense
j Acquisition of equipment by issuance of note payable
k Sale of longterm investment
I. Issuance of common shares for cash
m Increase in accounts payable
n Amortization of intangible assets
o Loss on sale of equipment
p Payment of longterm debt
q Cash sale of land
CarterPierce Investments specializes in lowrisk government bonds.
Required
Identify each of CarterPierce's transactions as operating O investing I financing F noncash investing and financing NIF or a transaction that is not reported on the statement of cash
flows N Indicate whether each item increases or decreases cash. The indirect method is used for operating activities.
b Decrease in merchandise inventory
c Depreciation of equipment
d Decrease in accrued liabilities
e Payment of cash dividend
f Purchase of longterm investment
g Issuance of longterm note payable to borrow cash
h Increase in prepaid expenses
i Accrual of salary expense
j Acquisition of equipment by issuance of note payable
k Sale of longterm investment
I. Issuance of common shares for cash
m Increase in accounts payable
n Amortization of intangible assets
o Loss on sale of equipment
p Payment of longterm debt
q Cash sale of land
r Repurchase of common shares
s Net income
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