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  3. effect of transactions on cash flows state the eff

Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount)...

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Accounting

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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: a. Sold equipment with a book value of $48,200 for $69,400 b. Sold a new issue of $150,000 of bonds at 99. c. Retired $270,000 of bonds, on which there was $2,700 of unamortized discount, for $281,000. d. Purchased 5,200 shares of $15 par common stock as treasury stock at $28 per share. e. Sold 7,000 shares of $15 par common stock for $32 per share. f. Paid dividends of $2.5 per share. There were 31,000 shares issued and 5,000 shares of treasury stock. g. Purchased land for $321,000 cash. h. Purchased a building by paying $87,000 cash and issuing a $110,000 mortgage note payable. Effect Amount a. b. Cash payment Cash receipt C. d. e. g. h

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