sort the below into the correct category in bold - o perating activities section, investing activities section
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sort the below into the correct category in bold - operating activities section, investing activities section and the financing activities section
- Sold equipment for $ 30 700 cash
- Net income on the accrual basis is $ 45 960
- Net income converted to a cash basis is $ 78 200
- Issued common stock for $ 136 700 cash
- Paid dividends in cash $ 8 600
- Purchased land costing $ 580 000 with a down payment of $ 55 000 and a mortgage of $ 579 945.
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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