Cash Flow Transactions
Not what you're looking for?
17-4) Pioneer Corporation had these transactions during 2008.
(a) Issued $50,000 par value common stock for cash.
(b) Purchased a machine for $30,000, giving a long-term note in exchange
(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 $18,000
(e) Sold a long-term investment with a cost of $15,000 for $15,000 cash
(f) Collected $16,000 of accounts receivable
(g) Paid $18,000 on accounts payable
Instructions:
Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, financing activities, or non-cash investing and financing activities.
Purchase this Solution
Solution Preview
From Operations - (cash the company made by selling goods and services or cash made or spent for running the company)
From Financing - (cash the company raised or spent by selling stocks and bonds)
From Investing ...
Purchase this Solution
Free BrainMass Quizzes
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Basics of corporate finance
These questions will test you on your knowledge of finance.
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.