Effect of transactions on cash flows State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $230,000 of bonds for $239,000. b. Sold 7,000 shares of $15 par common stock for $32 per share. c. Sold equipment with a book value of $59,000 for $85,000. d. Purchased land for $309,000 cash. e. Purchased a building by paying $89,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $240,000 of bonds at 99 . g. Purchased 3,500 shares of $25 par common stock as treasury stock at $46 per share. h. Paid dividends of $1.80 per share. There were 24,000 shares issued and 4,000 shares of treasury stock
Other questions asked by students
What sort of actions could the company has undertaken to protect the 3rd party audit ?...
5a. The tires on a new compact car have a diameter of 2.0 ft and are...
Forced convection A thin plate is suspended in air at 1 atm. with T? = 15°C....
A mysterious tower has been constructed at the edge of a gridiron football field. Even more...
As a senior in a professional services firm, you have been assigned to plan the financial...
Figure shows a thin converging lens for which the focal length is 5cm The lens...
With the aid of a power reducing formula 2sin acos a Select the correct answer...
Define fund in your own words and what is the purpose of fund accounting.
Identify the items that follow as capital expenditures or revenue expenditures. Paid $80,000...