Answered: Sale of land $ 194,000 Purchase of…

Sale of land $ 194,000 Purchase of treasury stock 33,000 Isuance of common stock 116,000 Payment of cash dividends 57,000 Purchase of equipment 107,000 Retirement of bonds 73,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Sale of land
$ 194,000
Purchase of treasury stock
33,000
Issuance of common stock
116,000
Payment of cash dividends
57,000
Purchase of equipment
107,000
Retirement of bonds
73,000
Cash flows from Investing activity

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