Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows a. Retired $250,000 of bonds, on which there was $2,500 of unamortized discount, for $260,000. b. Sold 12,000 shares of $10 par common stock for $18 per share. c. Sold equipment with a book value of $53,100 for $76,500. d. Purchased land for $411,000 cash. e. Purchased a building by paying $95,000 cash and issuing a $100,000 mortgage note payable. f. Sold a new issue of $300,000 of bonds at 98. Purchased 4,000 shares of $30 par common stock as treasury stock at $58 per share ds of $2.00 per share. There were 25,000 shares issued and 4,000 shares of treasury stock Effect Amount a. b. d. e. 9- h. Next Previous