(Solution) - The statement of cash flows of a large corporation reported -(2025 Original AI-Free Solution)
Paper Details
The statement of cash flows of a large corporation reported the following (adapted) for the year ended December 31, 2014:
Cash flows from financing activities- amounts in millions:
Cash dividends paid.......................................................................... $(1,854)
Issuance of common shares................................................................... 1,194
Proceeds from issuance of long-term notes payable.................................. 51
Payments of long-term notes payable................................................... (157)
Requirement
Make the journal entry that the corporation would use to record each of these transactions.