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Snowflake Inc. had the following transactions in February 2035: Issued 2,892,000 shares of common stock for $2,880 per share. Purchased equipment for $1,240,110,000, paying $496,000,000
Snowflake Inc. had the following transactions in February 2035:
- Issued 2,892,000 shares of common stock for $2,880 per share.
- Purchased equipment for $1,240,110,000, paying $496,000,000 in cash and signing a note for the balance.
- Declared and paid dividends of $130,000,645.
Record the journal entries for these transactions and show how they would affect the cash flow statement.
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