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Classify each of these transactions by type of cash flow

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Reference no: EM13508256

Rapture Corporation had the following transactions.

Classify each of these transactions by type of cash flow activity (operating, investing, or financing).

1. Issued 200,000 of bonds payable.
2. Paid utilities expense.
3. Issued 500 shares of preferred stock for 45,000.
4. Sold land and a building for 250,000.
5. Lent 30,000 to Dead End Corporation, receiving Dead End's 1-year, 12% note.

Reference no: EM13508256

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