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DoorDash, Inc. had the following transactions in February 2034: Issued 2,640,000 shares of common stock for $2,660 per share. Purchased equipment for $1,120,000,000, paying $448,452,000

DoorDash, Inc. had the following transactions in February 2034:

  • Issued 2,640,000 shares of common stock for $2,660 per share.
  • Purchased equipment for $1,120,000,000, paying $448,452,000 in cash and signing a note for the balance.
  • Declared and paid dividends of $118,856,000.

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

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