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Business, 12.05.2021 02:00 attwertt

Kiley Corporation had these transactions during 2022. Classify transactions by type of activity. 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 from sale of goods.
g. Paid $18,000 to suppliers.

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Kiley Corporation had these transactions during 2022. Classify transactions by type of activity. a....

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