(Solution) - The statement of cash flows of a large corporation reported -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

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.