Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount)...
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Accounting
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. Retired $300.000 of bonds, on which there was $3,000 of unamortized discount, for $312.000 b. Sold 7.000 shares of $10 par common stock for $24 per share. c. Sold equipment with a book value of $62,300 for $89,700. d. Purchased land for $453,000 cash. e. Purchased a building by paying $86,000 cash and issuing a $90,000 mortgage note payable. f. Sold a new issue of $200,000 of bonds at 99. g. Purchased 3,200 shares of $35 par common stock as treasury stock at $70 per share. h. Paid dividends of $1.50 per share. There were 19,000 shares issued and 3,000 shares of treasury stock. Effect Amount b. C. d. e. F. bull 9. h
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