Effect of Transactions on Cash Flows

State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows:

Retired $240,000 of bonds, on which there was $2,400 of unamortized discount, for $250,000.

Sold 12,000 shares of $10 par common stock for $24 per share.

Sold equipment with a book value of $58,600 for $84,400.

Purchased land for $317,000 cash.

Purchased a building by paying $93,000 cash and issuing a $110,000 mortgage note payable.

Sold a new issue of $190,000 of bonds at 99.

Purchased 4,600 shares of $40 par common stock as treasury stock at $80 per share.

Paid dividends of $1.60 per share. There were 33,000 shares issued and 5,000 shares of treasury stock.

	Effect	Amount
a.	Cash paymentCash receiptCash payment	$fill in the blank 2
b.	Cash paymentCash receiptCash receipt	$fill in the blank 4
c.	Cash paymentCash receiptCash receipt	$fill in the blank 6
d.	Cash paymentCash receiptCash payment	$fill in the blank 8
e.	Cash paymentCash receiptCash payment	$fill in the blank 10
f.	Cash paymentCash receiptCash receipt	$fill in the blank 12
g.	Cash paymentCash receiptCash payment	$fill in the blank 14
h.	Cash paymentCash receiptCash payment	$fill in the blank 16