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Beyond Meat, Inc. had the following transactions in July 2033: Issued 2,500,000 shares of common stock for $2,500 per share. Purchased land for $1,050,000,000, paying
Beyond Meat, Inc. had the following transactions in July 2033:
- Issued 2,500,000 shares of common stock for $2,500 per share.
- Purchased land for $1,050,000,000, paying $426,000,000 in cash and signing a note for the balance.
- Declared and paid dividends of $111,000,000.
Record the journal entries for these transactions and show how they would affect the cash flow statement.
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