State the Section(s) of the Statement of Cash Flows Prepared

question 123

Essay

State the section(s) of the statement of cash flows prepared by the indirect method (operating activities, investing activities, financing activities, or not reported) and the amount that would be reported for each of the following transactions:
(a)Received $145,000 from the sale of land costing $70,000.
(b)Purchased investments for $50,000.
(c)Declared $35,000 cash dividends on stock.$5,000 dividends were payable at the beginning of the year, and $6,000 were payable at the end of the year.
(d)Acquired equipment for $32,000 cash.
(e)Declared and issued 100 shares of $20 par common stock as a stock dividend, when the market price of the stock was $32 a share.
(f)Recognized by an adjusting entry depreciation for the year, $48,000.
(g)Issued 85,000 shares of $10 par common stock for $25 a share, receiving cash.
(h)Issued $500,000 of 20-year, 10% bonds payable at 99.
(i)Borrowed $43,000 from Busey National Bank, issuing a 5-year, 8% note for that amount.

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Definitions:

Warning Buzzer

A warning buzzer is an auditory signaling device often used to alert individuals to potential danger or to signal the need for attention, commonly found in vehicles, machines, and safety equipment.

Punishment

A process in which a consequence immediately follows a behavior, decreasing the likelihood that the behavior will be repeated.

Operant Responding

A behavior modification process through which the strength of a behavior is modified by reinforcement or punishment.

Negative Reinforcement

A behavioral concept where the removal of an adverse stimulus strengthens a behavior or increases its likelihood of being repeated.