Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $210,000 of bonds, on which there was $2,100 of unamortized discount, for $218,000. b. Sold 7,000 shares of $10 par common stock for $17 per share. c. Sold equipment with a book value of $45,900 for $66,100. d. Purchased land for $501,000 cash. e. Purchased a building by paying $46,000 cash and issuing a $120,000 mortgage note payable. f. Sold a new issue of $140,000 of bonds at 99. g. Purchased 5,600 shares of $30 par common stock as treasury stock at $60 per share. h. Paid dividends of $1.60 per share. There were 34,000 shares issued and 5,000 shares of treasury stock.   Effect Amount a.   $fill in the blank 2 b.   $fill in the blank 4 c.   $fill in the blank 6 d.   $fill in the blank 8 e.   $fill in the blank 10 f.   $fill in the blank 12 g.   $fill in the blank 14 h.   $fill in the blank 16

Effect of Transactions on Cash Flows State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows: Retired $260,000 of bonds, on which there was $2,600 of unamortized discount, for $270,000. Sold 12,000 shares of $25 par common stock for $54 per share. Sold equipment with a book value of $63,000 for $90,700. Purchased land for $381,000 cash. Purchased a building by paying $49,000 cash and issuing a $100,000 mortgage note payable. Sold a new issue of $200,000 of bonds at 98. Purchased 6,500 shares of $30 par common stock as treasury stock at $59 per share. Paid dividends of $2.10 per share. There were 26,000 shares issued and 4,000 shares of treasury stock.

Statement of Cash Flows (Indirect Method)Use the following information regarding the Lund Corporation to (a) prepare a statement of cash flows using the indirect method and (b) compute Lund’s operating-cash-flow-to-current-liabilities ratio.   Accounts payable increase $9,000 Accounts receivable increase 4,000 Accrued liabilities decrease 3,000 Amortization expense 6,000 Cash balance, January 1 22,000 Cash balance, December 31 15,000 Cash paid as dividends 29,000 Cash paid to purchase land 90,000 Cash paid to retire bonds payable at par 60,000 Cash received from issuance of common stock 35,000 Cash received from sale of equipment 17,000 Depreciation expense 29,000 Gain on sale of equipment 4,000 Inventory decrease 13,000 Net income 76,000 Prepaid expenses increase 2,000 Average current liabilities 100,000 a. Use negative signs with cash outflow answers. LUND CORPORATIONStatement of Cash FlowsFor Year Ended December 31 Cash Flow from…

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Complete the statement of sources and uses of cash from the following entries:           Net income $ 2,000   Dividends   800   Additions to inventory   170   Additions to receivables   200   Depreciation   140   Reduction in payables   600   Net issuance of long-term debt   350   Sale of fixed assets   110

Subject- Accounting

Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: Retired $320,000 of bonds, on which there was $3,200 of unamortized discount, for $333,000. Sold 7,000 shares of $20 par common stock for $31 per share. Sold equipment with a book value of $49,800 for $71,700. Purchased land for $300,000 cash. Purchased a building by paying $50,000 cash and issuing a $90,000 mortgage note payable. Sold a new issue of $250,000 of bonds at 97. Purchased 6,400 shares of $25 par common stock as treasury stock at $47 per share. Paid dividends of $2.50 per share. There were 32,000 shares issued and 5,000 shares of treasury stock.   Effect Amount a.   $ b.   $ c.   $ d.   $ e.   $ f.   $ g.   $ h.   $

Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $300,000 of bonds, on which there was $3,000 of unamortized discount, for $312,000. b. Sold 12,000 shares of $10 par common stock for $25 per share. c. Sold equipment with a book value of $61,500 for $88,600. d. Purchased land for $462,000 cash. e. Purchased a building by paying $45,000 cash and issuing a $100,000 mortgage note payable. f. Sold a new issue of $170,000 of bonds at 98. g. Purchased 3,600 shares of $35 par common stock as treasury stock at $68 per share. h. Paid dividends of $1.80 per share. There were 27,000 shares issued and 4,000 shares of treasury stock. a. b. C. d. e. f. g. h. Effect ▼ $ $ $ $ $ $ Amount

company purchases stock for $40,000 cash. This transaction should be shown on the statement of cash flows under Select one: a. Investing activities b. Noncash investing and financing activities c. Financing activities d. Operating activities

Indicate the effect, if any, that each separate transaction has on financing cash flows. Note: Select "No Effect" if there is no effect. a. Long-term notes payable with a carrying value of $17,600 are retired for $19,900 cash, resulting in a $2,300 loss. b. Paid cash dividends of $13,600 to common stockholders. c. Acquired $22,600 worth of machinery in exchange for common stock. Items a. Long-term notes payable b. Dividends c. Machinery Amount $ $ $ Effect on financing cash flows 19,900 Decrease 13,600 Decrease 22,600 No effect