The following accounts and corresponding balances were drawn from Dexter Company's 2014 and 2013 year-end balance sheets:

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The following accounts and corresponding balances were drawn from Dexter Company's 2014 and 2013 year-end balance sheets:

The following accounts and corresponding balances were drawn from Dexter

Other information drawn from the accounting records:
1. Dividends paid during the period amounted to $50,000.
2. There were no bond liabilities issued during the period.

Required
a. Compute the amount of cash flow associated with the repayment of bond liabilities.
b. Compute the amount of cash flow associated with the issue of common stock.
c. Prepare the financing activities section of the statement of cashflows.

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Related Book For  book-img-for-question

Fundamental financial accounting concepts

ISBN: 978-0078025365

8th edition

Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward

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