acc 291 Week 5 Individual WileyPLUS Assignment Week Five Exercise E13 1, E13 8 , E14 1 Problem P13 9A , P13 10A And P14 2

acc 291 Week 5 Individual WileyPLUS Assignment Week Five Exercise E13 1, E13 8 , E14 1 Problem P13 9A , P13 10A And P14 2


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Exercise E13-1

Pioneer Corporation had the transactions below during 2011.

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.

(a)

Issued 50,000 par value common stock for cash.

(b)

Purchased a machine for 30,000, giving a long-term note in exchange.

(c)

Issued 200,000 par value common stock upon conversion of bonds having a face value of 200,000.

(d)

Declared and paid a cash dividend of 18,000.

(e)

Sold a long-term investment with a cost of 15,000 for 15,000 cash.

(f)

Collected 16,000 of accounts receivable.

(g)

Paid 18,000 on accounts payable.

Exercise E13-8

Here are comparative balance sheets for...

acc 291
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acc 291 Week 5   Individual WileyPLUS Assignment Week Five   Exercise E13 1, E13 8 , E14 1 Problem P13 9A , P13 10A And P14 2

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Excerpt from file: Exercise E13-1 Pioneer Corporation had the transactions below during 2011. 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. (a) Issued 50,000

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