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Johnson & Johnson had the following transactions in November 2025: Issued 660,000 shares of common stock for $700 per share. Purchased equipment for $140,000,000, paying

Johnson & Johnson had the following transactions in November 2025:

  • Issued 660,000 shares of common stock for $700 per share.
  • Purchased equipment for $140,000,000, paying $54,000,000 in cash and signing a note for the balance.
  • Declared and paid dividends of $20,000,000.

Record the journal entries for these transactions and show how they would affect the cash flow statement.

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