Stansfield AG had the following activities in 2022. 1. Payment of accounts payable 770,000. 2. Issuance of

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Stansfield AG had the following activities in 2022.

1. Payment of accounts payable €770,000.

2. Issuance of ordinary shares €250,000.

3. Payment of dividends €350,000.

4. Collection of note receivable €100,000.

5. Issuance of bonds payable €510,000.

6. Purchase of treasury shares €46,000.

Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2022 statement of cash flows.

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Intermediate Accounting IFRS

ISBN: 9781119607519

4th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Question Posted: Aug 05, 2021 12:52 AM

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Stansfield AG had the following activities in 2022. 1. Payment of accounts payable 770,000. 2. Issuance of

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Intermediate Accounting IFRS

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