Nick son Company did not issue any bonds and the company's Bonds Payable account decreased by $45,000
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Nick son Company did not issue any bonds and the company's Bonds Payable account decreased by $45,000 during the year. The beginning balance in the company's Retained Earnings was $2,000, its ending balance is $23,000, and the company reported net income of $32,200. The company also paid a cash dividend during the year. Based on the above information, what is the net cash provided by (used in) financing activities?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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