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

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter15: Statement Of Cash Flows

Section: Chapter Questions

Problem 2E: Effect of transactions on cash flows State the effect (cash receipt or cash payment and amount) of...

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