Reference no: EM132017028

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.

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

(b) Issued $50,000 par value common stock for cash.

(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 $13,000.

(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.