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Chime Financial, Inc. had the following transactions in April 2036: Issued 3,160,000 shares of common stock for $3,160 per share. Purchased equipment for $1,380,000,000, paying

Chime Financial, Inc. had the following transactions in April 2036:

  • Issued 3,160,000 shares of common stock for $3,160 per share.
  • Purchased equipment for $1,380,000,000, paying $552,000,000 in cash and signing a note for the balance.
  • Declared and paid dividends of $144,000,000.

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

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