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E14-25 (similar to) Question Help Disc Golf, Inc. identified the following selected transactions that occurred during the year ended December 31, 2018: (Click the icon
E14-25 (similar to) Question Help Disc Golf, Inc. identified the following selected transactions that occurred during the year ended December 31, 2018: (Click the icon to view the transactions.) Identify any non-cash transactions that occurred during the year, and show how they would be reported in the non-cash investing and financing activities section of the statement of cash flows. (If a box is not used in the table, leave the box empty, do not select a label or enter a zero.) More Info Disc Golf, Inc. Statement of Cash Flows (Partial) Year Ended December 31, 2018 Non-cash Investing and Financing Activities: a. Issued 1150 shares of $2 par common stock for cash of $23,000. b. Issued 5,400 shares of $2 par common stock for a building with a fair market value of $97,000. c. Purchased new truck with a fair market value of $33,000. Financed it 100% with a long-term note. d. Retired short-term notes of $24,000 by issuing 2,800 shares of $2 par common stock. e. Paid long-term note of $12,500 to Bank of Tallahassee. Issued new long-term note of $22,000 to Bank of Tru Print Done Total Non-cash Investing and Financing Activities
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