The following T account is a summary of the cash account of Rodenbeck Company. What amount of
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The following T account is a summary of the cash account of Rodenbeck Company.
What amount of net cash provided (used) by financing activities should be reported in the statement of cashflows?
Transcribed Image Text:
Cash (Summary Form) 8,000 364,000 Payments for goods 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 Proceeds from issuance of 200,000 10,000 8,000 50,000 Taxes paid bonds payable Balance, Dec. 31 300,000Dividends paid 306,000
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Managerial Accounting Tools for business decision making
ISBN: 978-0470477144
5th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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