Question: practice 6 Chapter 6 Matching a. Operating activity Investing activity c. Financing activity d. Fixed assets Long-term investment Common stock Dividends Long-term debit 1. Bank

practice 6 Chapter 6 Matching a. Operating activity Investing activity c. Financing activity d. Fixed assets Long-term investment Common stock Dividends Long-term debit 1. Bank deposit Journal entry Long-term tangible property that a firm owns Distribution of earnings to shareholders Astockholders' equity account Used to record purchase of a fixed asset for a note A five-year note payable Sales recept A financial instrument that matures in more than one year Used to record amounts received from a note payable Sale of common stock Purchase of common stock
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
