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The following information was taken from the accounting records of BT21, Inc. for 2021: ·        Proceeds from issuance of preferred shares, P800,000 ·        Bonds payable converted to ordinary shares, P200,000

The following information was taken from the accounting records of BT21, Inc. for 2021: ·        Proceeds from issuance of preferred shares, P800,000 ·        Bonds payable converted to ordinary shares, P200,000

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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53. The following information was taken from the accounting records of BT21, Inc. for 2021:

·        Proceeds from issuance of preferred shares, P800,000

·        Bonds payable converted to ordinary shares, P200,000

·        Proceeds from sale of plant building, P1,000,000

·        Gain on sale of plant building, P100,000

·        Dividends paid on preference shares P50,000

·        Payment for purchase of machinery, P200,000

·        2% bonus issue on ordinary shares, P300,000

How much is the net cash flow from investing activities and cash flow from investing activities during 2021, respectively?

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