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Need help with this, determine if each line is a Payment or a Reciept, and how much the dollar amount is for each one. h
Need help with this, determine if each line is a Payment or a Reciept, and how much the dollar amount is for each one.
h of the following transactions, Obj. 1 EX 13-2 Effect of transactions on cash flows receipt, State the effect (cash receipt or cash payment and amount) of each of t 500,000 considered individually, on cash flows: a. Retired $500,000 of bonds, on which there was $4,000 of unamortized discount, for $510,000. b. Sold 20,000 shares of $5 par common stock for $30 per share. C. Sold equipment with a book value of $68,900 for $72,400. d. Purchased land for $825,000 cash. e. Purchased a building by paying $30,000 cash and issuing a $570,000 mortgage note payable. f. Sold a new issue of $400,000 of bonds at 98. g. Purchased 10,000 shares of $10 par common stock as treasury stock at $22.50 per share. h. Paid dividends of $1.25 per share. There were 1,000,000 shares issued and 180,000 shares of treasury seStep by Step Solution
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