Effect of transactions on cash  flows
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State the effect (cash receipt or payment and amount) of each of the following transac- tions, considered individually, on cash  flows:
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a.    Retired $500,000 of bonds, on which there was $5,000 of unamortized discount, for
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$525,000.
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b.   Sold 6,000 shares of $20 par common stock for $30 per share.
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c.    Sold equipment with a book value of $98,200 for $117,500.
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d.   Purchased land for $322,000 cash.
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e.    Purchased a building by paying $75,000 cash and issuing a $62,500 mortgage note payable.
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f.    Sold a new issue of $300,000 of bonds at 101.
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g.   Purchased 2,500 shares of $40 par common stock as treasury stock at $50 per share.
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h.   Paid dividends of $2.00 per share. There were 50,000 shares issued and 10,000 shares of treasury stock.
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Posted 19 Aug 2017 10:08 PM
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