eBook Calculator Print Item 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....


eBook<br>Calculator<br>Print Item<br>Effect of Transactions on Cash Flows<br>State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows:<br>a. Retired $190,000 of bonds, on which there was $1,900 of unamortized discount, for $198,000.<br>b. Sold 7,000 shares of $20 par common stock for $41 per share.<br>c. Sold equipment with a book value of $62,500 for $90,000.<br>d. Purchased land for $528,000 cash.<br>e. Purchased a building by paying $84,000 cash and issuing a $110,000 mortgage note payable.<br>f. Sold a new issue of $260,000 of bonds at 97.<br>g. Purchased 5,700 shares of $20 par common stock as treasury stock at $37 per share.<br>h. Paid dividends of $1.80 per share. There were 27,0000 shares issued and 4,000 shares of treasury stock.<br>Effect<br>Amount<br>a.<br>C.<br>d.<br>h.<br>Check My Work 3 more Check My Work uses remaining.<br>( Previous<br>Next<br>%24<br>%24<br>

Extracted text: eBook Calculator Print Item 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 $190,000 of bonds, on which there was $1,900 of unamortized discount, for $198,000. b. Sold 7,000 shares of $20 par common stock for $41 per share. c. Sold equipment with a book value of $62,500 for $90,000. d. Purchased land for $528,000 cash. e. Purchased a building by paying $84,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $260,000 of bonds at 97. g. Purchased 5,700 shares of $20 par common stock as treasury stock at $37 per share. h. Paid dividends of $1.80 per share. There were 27,0000 shares issued and 4,000 shares of treasury stock. Effect Amount a. C. d. h. Check My Work 3 more Check My Work uses remaining. ( Previous Next %24 %24

Jun 10, 2022
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