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Amazon.com, Inc. had the following transactions in April 2029: Issued 1,480,000 shares of common stock for $1,480 per share. Purchased equipment for $540,000,000, paying $216,000,000

Amazon.com, Inc. had the following transactions in April 2029:

  • Issued 1,480,000 shares of common stock for $1,480 per share.
  • Purchased equipment for $540,000,000, paying $216,000,000 in cash and signing a note for the balance.
  • Declared and paid dividends of $60,000,000.

Record the journal entries for these transactions and show how they would affect the cash flow statement.

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