Question

Use the Norton Medical Company data in S11-10 to compute the following amounts for 2012:
In S11-10, Norton Medical Company reported the following financial statements for 2012:


1. Borrowing or payment of long-term notes payable, assuming Norton had only one long-term note payable transaction during the year
2. Issuance of common stock, assuming Norton had only one common stock transaction during the year
3. Payment of cashdividends


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  • CreatedApril 29, 2014
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