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Business
Accounting
Balance, Jan. 1 Receipts from customers Dividends on stock investments 7,100 367,500 Payments for goods 207,400 7,000 Payments for operating expenses 140,400 Proceeds from sale of equipment 36,800 Interest paid 11,800 Proceeds from issuance of Taxes paid 7,900 bonds payable 499,200 Dividends paid 59,100 Balance, Dec. 31 491,000 What amount of net cash provided (used) by financing activities should be reported in the stateme cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g.

Balance, Jan. 1 Receipts from customers Dividends on stock investments 7,100 367,500 Payments for goods 207,400 7,000 Payments for operating expenses 140,400 Proceeds from sale of equipment 36,800 Interest paid 11,800 Proceeds from issuance of Taxes paid 7,900 bonds payable 499,200 Dividends paid 59,100 Balance, Dec. 31 491,000 What amount of net cash provided (used) by financing activities should be reported in the stateme cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Cash (Summary Form) Balance, Jan. 1 Receipts from customers 7,100 367,500 Payments for goods 207,400 Dividends on stock investments 7,000 Payments for operating expenses 140,400 Proceeds from sale of equipment 36,800 Interest paid 11,800 Proceeds from issuance of Taxes paid 7,900 bonds payable 499,200 Dividends paid 59,100 Balance, Dec. 31 491,000 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash by financing activities $
Transcribed Image Text:Cash (Summary Form) Balance, Jan. 1 Receipts from customers 7,100 367,500 Payments for goods 207,400 Dividends on stock investments 7,000 Payments for operating expenses 140,400 Proceeds from sale of equipment 36,800 Interest paid 11,800 Proceeds from issuance of Taxes paid 7,900 bonds payable 499,200 Dividends paid 59,100 Balance, Dec. 31 491,000 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash by financing activities $
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