Use the Pratt Computer Sales data in SE12-9 to compute the following; enter all amounts in thousands.
Question:
Sales Data From SE12-9
a. New borrowing or payment of long-term notes payable. Pratt Computer Sales had only one long-term note payable transaction during the year.
b. Issuance of common stock or retirement of common stock. Pratt Computer Sales had only one common stock transaction during the year.
c. Payment of cash dividends (same as dividends declared).
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
Question Posted: