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