Indicate on the Blanks Below the Letter of the Type

question 143

Essay

Indicate on the blanks below the letter of the type of activity (O = operating activity, F = financing activity, I = investing activity, N = noncash transaction) each of the following transactions represents.
_____ 1. Firm sold 8,000 shares of its own common stock for cash.
_____ 2. Sold $200,000 worth of products for cash.
_____ 3. Paid $120,000 dividend.
_____ 4. Received $1,500 in interest income.
_____ 5. Exchanged 6,000 shares of stock for 15-year bonds.
_____ 6. Paid $121,000 to the U.S. Treasury for income taxes.

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Definitions:

Location

A specific place or position, often identified in terms of geographical coordinates or an address.

Cerebral Hemispheres

The two halves of the brain, consisting of the right and left hemispheres, responsible for various cognitive and physical functions.

Epilepsy

A neurological disorder marked by sudden recurrent episodes of sensory disturbance, loss of consciousness, or convulsions, associated with abnormal electrical activity in the brain.

Surgery

A branch of medicine that involves the physical intervention on tissues and is often performed to treat a disease or injury.