The following T account is a summary of the cash account of Wiegman Company. What amount of
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The following T account is a summary of the cash account of Wiegman Company.
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 Proceeds from sale of equipment Proceeds from issuance of bonds payable Balance, Dec. 31 8,000 364.000 6.000 36,000 Payments for goods Payments for operating expenses Interest paid Taxes paid Dividends paid 200,000 140,000 10,000 8.000 50,000 300,000 306.000
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Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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