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S11-9 (similar to) Dallas Computer Sales, Inc., reported the following financial statements for 2018: Click the icon to view the income statement.) (Click the
S11-9 (similar to) Dallas Computer Sales, Inc., reported the following financial statements for 2018: Click the icon to view the income statement.) (Click the icon to view the comparative balance sheets.) Read the requirement Question Help a. Calculate the new borrowing or payment of long-term notes payable. Dallas Computer Sales had only one long-term note payable transaction during the year. The new borrowing of long-term notes payable is $ thousand. b. Calculate the issuance of common stock or retirement of common stock. Dallas Computer Sales had only one common stock transaction during the year. The issuance of common stock is $ 14 thousand c. Calculate the payment of cash dividends (same as dividends declared). The payment of dividends is $ 72 thousand.
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