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Exercise 4-15A Calculate net cash flows (LO4-7) Below are several transactions for Meyers Corporation for 2021. a. Issue common stock for cash, $56,000. b.
Exercise 4-15A Calculate net cash flows (LO4-7) Below are several transactions for Meyers Corporation for 2021. a. Issue common stock for cash, $56,000. b. Purchase building and land with cash, $41,000. c. Provide services to customers on account, $7,600. d. Pay utilities on building, $1,300. e. Collect $5,600 on account from customers. f. Pay employee salaries, $9,600. g. Pay dividends to stockholders, $4,600.
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