Question

The following events occurred at Voich Plumbing, Inc., during 2011:
January 10 Issued common stock for $160,000
February 27 Signed a note with Last Local Bank for $15,000
May 12 Sold old service truck for $4,500 resulting in a $500 gain
May 30 Purchased a new service truck for $42,000
August 15 Paid cash dividends of $5,400
October 30 Purchased a new computer server for $25,000 cash
December 31 Paid interest expense with $1,500 cash to Last Local Bank
Compute Voich Plumbing, Inc.’s net cash flow from (1) investing activities and from (2) financing activities for 2011.



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  • CreatedSeptember 01, 2014
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