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PLEASE SHOW FULL ANSWER Common stock transactions on the statement of cash flows Jones Industries received $600,000 from issuing shares of its common stock and
PLEASE SHOW FULL ANSWER
Common stock transactions on the statement of cash flows Jones Industries received $600,000 from issuing shares of its common stock and $400,000 from issuing bonds. During the year, Jones Industries also paid dividends of $60,000. How are the effects of these transactions reported on the statement of cash flows? Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required. If a transaction has no effect on the statement of cash flows, select "No effect" from the drop down menu and leave the amount box blank Transactions Amount Cash received from issuing common stock Action Part of cash flows from financing activities Part of cash flows from Mnancing activities Part of cash flows from financing activities Cash received from issuing bonds Cash paid for dividends Feedback Check My Work Recall the definitions of each section of the statement of cash flows. What type of activities arises from issuing long-term debt or equity securities? Are the activities cash inflows or cash outflows Step by Step Solution
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