Question

To prepare its statement of cash flows for the year ended June 30, 2010, Linds Cloud Soft Bedding Company gathered the following information:
Proceeds from bank loan ...........$225,000
Loss on sale of machinery ........... 5,000
Proceeds from sale of machinery ........ 10,000
Proceeds from bond issuance ........ 275,000
Dividends paid ............... 45,200
Purchase of treasury stock ......... 125,000

Requirements
1. Prepare the cash from investing section of the statement of cash flows.
2. Prepare the cash from financing section of the statement of cash flows.



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  • CreatedSeptember 01, 2014
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