Putnam Corporation had these transactions during 2014. Analyze the transactions

Question

Putnam Corporation had these transactions during 2014. 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. Purchased a machine for $30,000, giving a long-term note in exchange. Issued $50,000 par value common stock for cash. Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000. Declared and paid a cash dividend of $13,000. Sold a long-term investment with a cost of $15,000 for $15,000 cash. Collected $16,000 of accounts receivable. Paid $18,000 on accounts payable.

Explanation / Answer

(a) noncash investing activities (b) Financing Activity (c) non cash financing activity (d) Financing activity (e) Investing activity (f) operating activity (g) operating activity

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