1. Common stock transactions on the statement of cash flows

   Jones Industries received $800,000 from issuing shares of its common stock and $700,000 from issuing bonds. During the year, Jones Industries also paid dividends of $90,000. How are the effects of these transactions reported on the statement of cash flows? Use the minus sign to indicate cash out flows, cash payments, decreases in cash and for any adjustments, if required. If a transaction has no effect on the statement of cash flows, select "No effect" from the drop down menu and leave the amount box blank.

   Transactions	Action	Amount
   Cash received from issuing common stock	Part of cash flows from investing activities	$
   Cash received from issuing bonds	Added to net income	$
   Cash paid for dividends	Deducted from net income	$

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