The statement of cash flows of Cooper, Inc., reported the following for the year ended December 31, 2012:Cash flows from financing activities (amounts in millions)Cash dividends paid ……………………………………………………… $(1,790)Issuance of common stock at par value ……………………………. 1,498Proceeds from issuance of long-term notes payable ……………. 51Purchases of treasury stock ……………………………………………. (3,020)Payments of long-term notes payable ………………………………. (159)Requirement1. Make the journal entry that Cooper would use to record each of these transactions.View Solution:
The statement of cash flows of Cooper Inc reported the



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