Please help me 1 Issued 100,000 HK$50 par value ordinary shares for HK$8,000,000 cash.2 Borrowed HK$2,000,000 from Castle Bank, signing a 5-year note bearing 8% interest.3 Purchased two semi-trailer trucks for HK$1,700,000 cash.4 Paid employees HK$120,000 for salaries and wages.5 Collected HK$200,000 cash for services performed.- Nm tin12During its first week, Hu Na Ltd. had these transactions45Classify each of these transactions by type of cash flow activity.A operating activitiesB Investing activitiesC financing activities

There are Three types of Activities under Cash Flow Operating Activity: The activities performed by…

Answered: Classify each of these transactions by…

Business

Accounting

Classify each of these transactions by type of cash flow activity.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.

Question

Please help me

1 Issued 100,000 HK$50 par value ordinary shares for HK$8,000,000 cash.
2 Borrowed HK$2,000,000 from Castle Bank, signing a 5-year note bearing 8% interest.
3 Purchased two semi-trailer trucks for HK$1,700,000 cash.
4 Paid employees HK$120,000 for salaries and wages.
5 Collected HK$200,000 cash for services performed.
- Nm tin
1
2
During its first week, Hu Na Ltd. had these transactions
4
5
Classify each of these transactions by type of cash flow activity.
A operating activities
B Investing activities
C financing activities

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