cushenberry corporation had the following transactions. 1. sold land (cost

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cushenberry corporation had the following transactions.1. sold land (cost $12,000) for $15,000.2. issued common stock at par for $20,000.3. recorded depreciation on buildings for $17,000.4. paid salaries of $9,000.5. issued 1,000 shares of $1 par value common stock for equipment worth $8,000.6. sold equipment (cost $10,000, accumulated depreciation $7,000) for $1,200.instructionsfor each transaction above, (a) prepare the journal entry, (b) indicate how it would affect the statement of cash flows using the indirect method.
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