The following T-account is a summary of the Cash account of Cuellar Company. Cash (Summary Form) Balance,
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The following T-account is a summary of the Cash account of Cuellar Company.
Cash (Summary Form) | |||
Balance, Jan. 1 | 8,300 | ||
Receipts from customers | 369,080 | Payments for goods | 234,600 |
Dividends on stock investments | 6,020 | Payments for operating expenses | 140,190 |
Proceeds from sale of equipment | 36,640 | Interest paid | 10,840 |
Proceeds from issuance of | Taxes paid | 7,840 | |
bonds payable | 299,270 | Dividends paid | 50,330 |
Balance, Dec. 31 | 275,510 | ||
What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? Net Cash ___ by financing activities $___. |
Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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