Teal Inc had the following condansed balance shast at the end of cosratisns for
During the following occurred.
A tract of land was purchased for $
Bonds payable in the amount of $ vere redeemed at par.
An additional $ in common stock was issued at par.
Dividends totaling $ ware paid to stockholders.
Net income was $ aftar allowing depreciation of $
Land was purchased through the issuance of $ in bonds.
Teal Inc. sold part of its invastmant portfolio for $ This transaction resultad in a
unrealized qains or loses were recorded on these investments in
Both current assets othar than cash and current liabilities remainsd at the same amo.
