Financial Accounting, Student Value Edition (12th Edition)

12th Edition

ISBN: 9780134727066

Author: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.

Publisher: PEARSON

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Textbook Question

Chapter 11, Problem 11.9S

(Learning Objective 3: Calculate financing cash flows) Use the Thompson Turf Trimmers data in Short Exercise 11-8 to calculate the following; enter all amounts in thousands.

a. New borrowing or payment of long-term notes payable. Thompson Turf Trimmers had only one long-term note payable transaction during the year.
b. Issuance of common stock or retirement of common stock. Thompson Turf Trimmers had only one common stock transaction during the year.
c. Payment of cash dividends (same as dividends declared).

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Chapter 11, Problem 11.8S

Chapter 11, Problem 11.10S

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Chapter 11 Solutions

Financial Accounting, Student Value Edition (12th Edition)

Ch. 11 - Quick Check (Answers are given here) The statement...Ch. 11 - Prob. 2QC Ch. 11 - Prob. 3QC Ch. 11 - Which of the three types of activities reported on...Ch. 11 - Prob. 5QC Ch. 11 - On the statement of cash flows, which of the...Ch. 11 - On the statement of cash flows, which of the...Ch. 11 - Prob. 8QC Ch. 11 - Prob. 9QC Ch. 11 - Which of the following transactions does not...

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Solution Summary: The author explains how the amount of long-term notes payable transaction takes place during the year.

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Chapter 11 Solutions