Tabares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity. (a) Issued $50,000 par value common stock for cash. select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity (b) Purchased a machine for $30,000, giving a long-term note in exchange. select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity (c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity (d) Declared and paid a cash dividend of $18,000. select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity (e) Sold a long-term investment with a cost of $15,000 for $15,000 cash. select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity (f) Collected $16,000 from sale of goods. select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity (g) Paid $18,000 to suppliers. select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

Problem 16P: Comprehensive The following are Farrell Corporations balance sheets as of December 31, 2019, and...

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Tabares Corporation had these transactions during 2020.

Indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity.

(a)	Issued $50,000 par value common stock for cash.	select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity

(b)	Purchased a machine for $30,000, giving a long-term note in exchange.	select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity

(c)	Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.	select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity

(d)	Declared and paid a cash dividend of $18,000.	select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity

(e)	Sold a long-term investment with a cost of $15,000 for $15,000 cash.	select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity

(f)	Collected $16,000 from sale of goods.	select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity

(g)	Paid $18,000 to suppliers.

select a type of activity: Operating Activity, Financing Activity, Noncash Investing and Financing Activity, or Investing Activity

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