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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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
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