5. Grey Co had the following transactions during 2018: l. issued S50,000 par value common...
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5. Grey Co had the following transactions during 2018: l. issued S50,000 par value common common stock for cash. 2. Collected $11,000 of accounts receivable 3. declared and paid a cash dividend of $25,000 4. sold a long-term investment with a cost of $15,000 for $20,000 5. paid $14,000 of accounts payable 6. bought a machine for $30,000, giving a lon-term note in exchange, indicate whether each of the transactions resulted from operating, investing, financing, or noncash investing and financing activities
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