Matura, Inc. reported the following activities for the year:
$\bullet$Borrowed $300,000 from the bank to be repaid in 5 years
$\bullet$Issued stock to investors for $35,000 cash
$\bullet$Paid dividends to shareholders totaling $10,000
$\bullet$Purchased equipment by promising to pay $145,000 to a creditor over the next 3 years
A. Identify which activities are debt investments.
B. Identify which activities are equity investments.

Question

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The Answer of Matura, Inc. reported the following activities for the year:
$\bullet$Borrowed $300,000 from the bank to be repaid in 5 years
$\bullet$Issued stock to investors for $35,000 cash
$\bullet$Paid dividends to shareholders totaling $10,000
$\bullet$Purchased equipment by promising to pay $145,000 to a creditor over the next 3 years
A. Identify which activities are debt investments.
B. Identify which activities are equity investments.

Matura, Inc ∙\bullet∙ Borrowed $300,000 from the Bank to Be Repaid in 5

Matura, Inc $\bullet$ Borrowed $300,000 from the Bank to Be Repaid in 5