Business, 16.04.2020 00:03 69diegoguerrero
Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: Retired $200,000 of bonds, on which there was $2,000 of unamortized discount, for $208,000. Sold 12,000 shares of $20 par common stock for $39 per share. Sold equipment with a book value of $47,500 for $68,400. Purchased land for $328,000 cash. Purchased a building by paying $51,000 cash and issuing a $90,000 mortgage note payable. Sold a new issue of $270,000 of bonds at 98. Purchased 4,000 shares of $30 par common stock as treasury stock at $60 per share. Paid dividends of $1.90 per share. There were 19,000 shares issued and 3,000 shares of treasury stock.
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Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each o...
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