Question 13 1. Borrowed money from Chase Bank 2. Distributed a stock dividend 3. Depreciation for the year 4. Amortization of Bond Discount 5. Issued common stock over par 6. Sold a building for $200,000 that cost $250,000 7. Paid cash dividend 8. Bought a car paying cash for down payment and issued a note for the remainder REQUIRED: Using Indirect Method, state which section the above would go: Operating (O), Investing (1), Financing (F), or Non Cash (NC)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 13
1. Borrowed money from Chase Bank
2. Distributed a stock dividend
3. Depreciation for the year
4. Amortization of Bond Discount
5. Issued common stock over par
6. Sold a building for $200,000 that cost $250,000
7. Paid cash dividend
8. Bought a car paying cash for down payment and issued a note for the remainder
REQUIRED: Using Indirect Method, state which section the above would go: Operating (O).
Investing (1), Financing (F), or Non Cash (NC)
Transcribed Image Text:4/7 ing ia Question 13 1. Borrowed money from Chase Bank 2. Distributed a stock dividend 3. Depreciation for the year 4. Amortization of Bond Discount 5. Issued common stock over par 6. Sold a building for $200,000 that cost $250,000 7. Paid cash dividend 8. Bought a car paying cash for down payment and issued a note for the remainder REQUIRED: Using Indirect Method, state which section the above would go: Operating (O). Investing (1), Financing (F), or Non Cash (NC)
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