Business, 12.01.2021 17:20 mmcdaniels46867

The following selected transactions occur during the first year of operations. Determine how each should be reported in the statement of cash flows. 1. Issued one million shares of common stock at $20 per share.
2. Paid $75,000 to suppliers for inventory.
3. Paid a dividend of $1 per share to common stockholders.
4. Loaned $50,000 to an employee and accepted a note receivable.

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The following selected transactions occur during the first year of operations. Determine how each sh...

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