subject
Business, 29.12.2021 21:30 j015

Kiley Corporation had these transactions during 2022.Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity.(a) Purchased a machine for $30,000, giving a long-term note in exchange. select an optionFinancing ActivitiesInvesting ActivitiesOperating ActivitiesNoncash Investing and Financing Activities(b) Issued $50,000 par value common stock for cash. select an optionOperating ActivitiesNoncash Investing and Financing ActivitiesFinancing ActivitiesInvesting Activities(c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.select an optionInvesting ActivitiesOperating ActivitiesNoncash Investing and Financing ActivitiesFinancing Activities(d) Declared and paid a cash dividend of $13,000.select an optionFinancing ActivitiesInvesting ActivitiesOperating ActivitiesNoncash Investing and Financing Activities(e) Sold a long-term investment with a cost of $15,000 for $15,000 cash. select an optionFinancing ActivitiesInvesting ActivitiesOperating ActivitiesNoncash Investing and Financing Activities(f) Collected $16,000 from sale of goods. select an optionOperating ActivitiesNoncash Investing and Financing ActivitiesFinancing ActivitiesInvesting Activities(g) Paid $18,000 to suppliers.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
During the first month of operations, martinson services, inc., completed the following transactions: jan 2 martinson services received $65,000 cash and issued common stock to the stockholders. 3 purchased supplies, $1,000, and equipment, $12,000, on account. 4 performed services for a customer and received cash, $5,500. 7 paid cash to acquire land, $39,000. 11 performed services for a customer and billed the customer, $4,100. martinson expects to collect within one month 16 paid for the equipment purchased january 3 on account. 17 paid for newspaper advertising, $600. 18 received partial payment from customer on account, $2,000. 22 paid the water and electricity bills, $430. 29 received $2,600 cash for servicing the heating unit of a customer. 31 paid employee salary, $2,900. 31 declared and paid dividends of $1,800. requirements 1. record each transaction in the journal. key each transaction by date. explanations are not required. 2. post the transactions to the t-accounts, using transaction dates as posting references. label the ending balance of each account bal, as shown in the chapter. 3. prepare the trial balance of martinson services, inc., at january 31 of the current year. 4. mark martinson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether january was profitable (and by how much)?
Answers: 1
question
Business, 22.06.2019 09:40
Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?
Answers: 2
question
Business, 22.06.2019 17:40
Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.
Answers: 1
question
Business, 22.06.2019 18:00
On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?
Answers: 1
You know the right answer?
Kiley Corporation had these transactions during 2022.Analyze the transactions and indicate whether e...
Questions
question
Medicine, 01.01.2022 16:20
question
Mathematics, 01.01.2022 16:30
Questions on the website: 13722367