The following T account is a summary of the cash account of Crowley Company. What amount of
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What amount of net cash provided (used) by financing activities should be reported in the statement of cashflows?
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Cash (Summary Form) Balance, Jan. 1 Receipts from customers Dividends on stock investments 6,000 Payments for operating expenses 140,000 Proceeds from sale of equipment 36,000 Interest paid Procceds from issuance of 8,000 364,000 Payments for goods 200,000 10,000 8,000 70,000 Taxes paid bonds payable Balance, Dec. 31 300,000 Dividends paid 286,000
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Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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