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Montgomery College *

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Course

202

Subject

History

Date

Dec 6, 2023

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png

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1

Uploaded by JaimeMelara21

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Question 3 of 8 < > 4/4 = View Policies Show Attempt History Your Answer Correct Answer v Your answer is correct. The following T-account is a summary of the cash account of Alixon Company. Cash (Summary Form) Balance, Jan. 1 8,000 Receipts from customers 364,000 | Payments for goods 200,000 Dividends on stock investments 6,000 | Payments for operating expenses 140,000 Proceeds from sale of equipment 36,000 | Interest paid 10,000 Proceeds from issuance of Taxes paid 8,000 bonds payable 300,000 | Dividends paid 40,000 Balance, Dec. 31 316,000 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash | provided w | byfinancing activities $ 260000
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