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- Download: http://solutionzip.com/downloads/pioneer-corporation-solution/
- E13-1
- Pioneer Corporation had these transactions during 2011.
- (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, investing activities, financing activities, or noncash investing and financing
- activities
- Download: http://solutionzip.com/downloads/pioneer-corporation-solution/
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