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Rollerblades, Inc. identified the following selected transactions that occurred during the year ended December 31, 2024: (Click the icon to view the transactions.) Identify any
Rollerblades, Inc. identified the following selected transactions that occurred during the year ended December 31, 2024: (Click the icon to view the transactions.) Identify any non-cash transactions that occurred during the year, and show how they would be reported in the non-cash investing and financing activities section of the statement of cash flows. (If a box is not used in the table, leave the box empty; do not select a label or enter a zero.) ..... Rollerblades, Inc. Statement of Cash Flows (Partial) Year Ended December 31, 2024 Non-cash Investing and Financing Activities: More info a. Issued 900 shares of $2 par common stock for cash of $22,000. b. Issued 5,000 shares of $2 par common stock for a building with a fair market value of $92,000 c. Purchased new truck with a fair market value of $28,000. Financed it 100% with a long-term note. d. Retired short-term notes of $27,000 by issuing 2,800 shares of $2 par common stock. e. Paid long-term note of $8,000 to Bank of Tallahassee. Issued new long-term note of $17,000 to Bank of Trust Total Non-cash Investing and Financing Activities Print Done Help me solve this Demodocs example Get more help Clear all Check
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