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Selected transactions of Eller Company are listed below.
___1.Common stock is sold for cash above par value.
___2.Bonds payable are issued for cash at a discount.
___3.Interest receivable on a short-term note receivable is collected.
___4.Land is sold for cash at book value.
___5.Accounts payable are paid in cash.
___6.Equipment is purchased by signing a 3-year, 10% note payable.
___7.Cash dividends on common stock are declared and paid.
___8.100 shares of XYZ common stock are purchased for cash.
___9.Merchandise is sold to customers for cash.
___10.Bonds payable are converted into common stock.

Instructions
Classify each transaction as either (a) an operating activity, (b) an investing activity, (c) a financing activity, or (d) a noncash investing and financing activity.

Original post by Richard