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QUESTION

the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows:

the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows:

  1. Retired $330,000 of bonds, on which there was $3,300 of unamortized discount, for $343,000.
  2. Sold 12,000 shares of $25 par common stock for $55 per share.
  3. Sold equipment with a book value of $44,000 for $63,400.
  4. Purchased land for $446,000 cash.
  5. Purchased a building by paying $65,000 cash and issuing a $110,000 mortgage note payable.
  6. Sold a new issue of $150,000 of bonds at 99.
  7. Purchased 2,900 shares of $15 par common stock as treasury stock at $29 per share.
  8. Paid dividends of $1.60 per share. There were 27,000 shares issued and 4,000 shares of treasury stock.

 EffectAmounta.Cash payment 

$b.Cash receipt 

$c.Cash receipt 

$d.Cash payment 

$e.Cash payment 

$f.Cash receipt 

$g.Cash payment 

$h.Cash payment 

$

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