During the Year,WXY Company Issued Common Stock to Stockholders for $6,000,purchased

Essay

During the year,WXY Company issued common stock to stockholders for $6,000,purchased land for $1,600 cash,and paid cash dividends of $500 to the company's owners.Enter each of these three events into the horizontal financial statements model,below.Indicate dollar amounts of increases and decreases.For cash flows,show whether they are operating activities (OA),investing activities (IA),or financing activities (FA).