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 $180,000 of bonds, on which there was $1,800 of
unamortized discount, for $187,000.
Sold 12,000 shares of $10 par common stock for $22 per
share.
Sold equipment with a book value of $66,100 for $95,200.
Purchased land for $393,000 cash.
Purchased a building by paying $91,000 cash and issuing a
$120,000 mortgage note...