Wiley Assignment Week 5

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Description









E13-1




Pioneer Corporation had the transactions below during 2011.

Analyze the transactions and indicate whether each transaction
resulted in a cash flow from operating activities, investing activities,
financing activities, or noncash investing and financing activities.






































(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.




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