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Amazon.com, Inc. had the following transactions in November 2024: Issued 230,000 shares of common stock for $350 per share. Purchased land for $13,000,000, paying $5,400,000

Amazon.com, Inc. had the following transactions in November 2024:

  • Issued 230,000 shares of common stock for $350 per share.
  • Purchased land for $13,000,000, paying $5,400,000 in cash and signing a note for the balance.
  • Declared and paid dividends of $3,800,000.

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

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