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DoorDash, Inc. had the following transactions in December 2037: Issued 3,560,000 shares of common stock for $3,560 per share. Purchased equipment for $1,580,000,000, paying $632,000,000

DoorDash, Inc. had the following transactions in December 2037:

  • Issued 3,560,000 shares of common stock for $3,560 per share.
  • Purchased equipment for $1,580,000,000, paying $632,000,000 in cash and signing a note for the balance.
  • Declared and paid dividends of $163,000,000.

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

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