Question

Use the Dallas Computer Sales data in SE12-9 to compute the following; enter all amounts in thousands. In SE12-9, Dallas Computer Sales, Inc., reported the following financial statements for 2014:


a. New borrowing or payment of long-term notes payable. Dallas Computer Sales had only one long-term note payable transaction during the year.
b. Issuance of common stock or retirement of common stock. Dallas Computer Sales had only one common stock transaction during the year.
c. Payment of cash dividends (same as dividends declared).


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  • CreatedJuly 25, 2014
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