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Honeywell International Inc. had the following transactions in September 2030: Issued 1,820,000 shares of common stock for $1,820 per share. Purchased land for $710,000,000, paying
Honeywell International Inc. had the following transactions in September 2030:
- Issued 1,820,000 shares of common stock for $1,820 per share.
- Purchased land for $710,000,000, paying $284,000,000 in cash and signing a note for the balance.
- Declared and paid dividends of $77,000,000.
Record the journal entries for these transactions and show how they would affect the cash flow statement.
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