Business
Business, 23.04.2021 16:20, jonathanmagana112002

Selected transactions for the Ecker Company are listed below. 1. Collected accounts receivable. select a type of activity.
2. Declared and paid dividends on common stock.
3. Sold long-term investments for cash.
4. Issued stock for equipment.
5. Repaid five year note payable.
6. Paid employee wages.
7. Converted bonds payable to common stock.
8. Acquired long-term investment with cash.
9. Sold buildings and equipment for cash.
10. Sold merchandise to customers.
Instructions:
Classify each transaction as either an operating activity, an investing activity, a financing activity, or a non-cash activity.

answer
Answers: 2

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Selected transactions for the Ecker Company are listed below. 1. Collected accounts receivable. se...

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