(a) Payment of interest on notes payable. Noncash Investing and Financing Activi

Question

(a) Payment of interest on notes payable. Noncash Investing and Financing ActivityOperating ActivityFinancing ActivityInvesting Activity (b) Exchange of land for patent. Noncash Investing and Financing ActivityInvesting ActivityOperating ActivityFinancing Activity (c) Sale of building at book value. Financing ActivityInvesting ActivityOperating ActivityNoncash Investing and Financing Activity (d) Payment of dividends. Operating ActivityNoncash Investing and Financing ActivityFinancing ActivityInvesting Activity (e) Depreciation. Investing ActivityNoncash Investing and Financing ActivityOperating ActivityFinancing Activity (f) Receipt of dividends on investment in stock. Financing ActivityOperating ActivityNoncash Investing and Financing ActivityInvesting Activity (g) Receipt of interest on notes receivable. Operating ActivityNoncash Investing and Financing ActivityInvesting ActivityFinancing Activity (h) Issuance of capital stock. Financing ActivityInvesting ActivityOperating ActivityNoncash Investing and Financing Activity (i) Amortization of patent. Investing ActivityOperating ActivityNoncash Investing and Financing ActivityFinancing Activity (j) Issuance of bonds for land. Operating ActivityInvesting ActivityFinancing ActivityNoncash Investing and Financing Activity (k) Purchase of land. Operating ActivityInvesting ActivityNoncash Investing and Financing ActivityFinancing Activity (l) Conversion of bonds into common stock. Investing ActivityOperating ActivityFinancing ActivityNoncash Investing and Financing Activity (m) Loss on sale of land. Investing ActivityNoncash Investing and Financing ActivityOperating ActivityFinancing Activity (n) Retirement of bonds. Operating ActivityNoncash Investing and Financing ActivityFinancing ActivityInvesting Activity

Explanation / Answer

a) Operating activity.

b) Noncash investing and

financing activity.

c) Investing activity.

d) Financing activity.

e) Operating activity.

f) Operating activity.

g) Operating activity.

h) Financing activity

i) Operating activity.

j) Noncash investing and financing activity.

k) Investing activity.

l) Noncash investing and financing activity.

m) Operating activity (loss); investing activity (cash proceeds from sale).

n) Financing activity.

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