A company entered into the following transactions a

Purchased new machinery #743

A company entered into the following transactions:a. Purchased new machinery for $24,000
cash.b. Paid a $2,500 account payable relating to inventory.c. Recorded cash sales of
$52,000.d. Purchased a new warehouse for $275,000. The seller of the building accepted
10,000 shares of common stock as payment.e. Issued bonds at face value for $25,000. f.
Purchased 200 shares of treasury stock for $7,000.g. Purchased a new light truck for $18,000
by signing a 180-day note payable.h. Collected a $3,000 receivable from a customer.i. Sold 250
shares of Microsoft stock for its book value of $25,000.j. Paid $2,000 for renewal of an
insurance policy.k. Paid dividends of $5,000 in cash.RequiredClassify each transaction as a
cash inflow or outflow from operating activities, investing activities, or financing activities, or as
an item reported in a supplemental schedule of the statement of cash flows.View Solution:
A company entered into the following transactions a Purchased new machinery

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