Business, 28.07.2020 23:01, cheaterman4121
Kiley Corporation had these transactions during 2017.
Kiley Corporation had these transactions during 2017.Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity.
A) Purchased a machine for $30,000, giving a long-term note in exchange.
B) Issued $50,000 par value common stock for cash.
C) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.
D) Declared and paid a cash dividend of $13,000.
E) Sold a long-term investment with a cost of $15,000 for $15,000 cash.
F) Collected $16,000 from sale of goods.
G) Paid $18,000 to suppliers.
Answers: 1
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Kiley Corporation had these transactions during 2017.
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