From the following information prepare the investment and finance sections:
|
(1) |
Purchased land |
$20,000 |
|
(2) |
Issued stock |
5,000 |
|
(3) |
Accounts receivable increase |
2,500 |
|
(4) |
Retired bonds |
4,500 |
|
(5) |
Paid cash dividend |
1,000 |
|
(6) |
Bought Xerox stock |
9,500 |
|
(7) |
Sold IBM stock (cost, $3,000; selling price, $2,500) |
|
|
(8) |
Accounts Payable decrease |
1,200 |
|
(9) |
Bought treasury stock |
1,300 |
|
(10) |
Collected on a loan |
10,000 |