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Coinbase Global, Inc. had the following transactions in March 2039: Issued 3,860,000 shares of common stock for $3,860 per share. Purchased equipment for $1,730,000,000, paying
Coinbase Global, Inc. had the following transactions in March 2039:
- Issued 3,860,000 shares of common stock for $3,860 per share.
- Purchased equipment for $1,730,000,000, paying $692,000,000 in cash and signing a note for the balance.
- Declared and paid dividends of $178,000,000.
Record the journal entries for these transactions and show how they would affect the cash flow statement.
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