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  1. business
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  3. for each of the following separate transactions: 1

For each of the following separate transactions: 1. Sold a building costing $31,000, with $20,400...

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Accounting

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For each of the following separate transactions: 1. Sold a building costing $31,000, with $20,400 of accumulated depreciation, for $8.400 cash, resulting in a $2200 loss 2. Acquired machinery worth $10.400 by issuing $10.400 in notes payable. 3. Issued 1040 shares of common stock at par for $2 per share. 4. Note payables with a carrying value of $40,200 were retired for $47,400 cash, resulting in a $7.200 loss. (6) Prepare the reconstructed journal entry. (b) Identify the effect it has, if any, on the investing section or financing section of the statement of cash flows. Complete this question by entering your answers in the tabs below. Required A Required B Prepare the reconstructed Journal entry. View transaction list Journal entry worksheet > 1 2 3 4 Journal entry worksheet

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