Question: 7 QS 12-9 Computing financing cash flows LO P3 The following selected information is from Princeton Company's comparative balance sheets At December 31 1.36 points
7 QS 12-9 Computing financing cash flows LO P3 The following selected information is from Princeton Company's comparative balance sheets At December 31 1.36 points 2017 1 2816 $133,00 $124,000 Skipped Common stock, $10 par value Paid-in capital in excess of par 591,e0e 354,0e0 Retained earnings 337,500 311,588 eBook The company's net income for the year ended December 31, 2017, was s60.000 1. Complete the T-accounts to calculate the cash received from the sale of its common stock Print Beg bal References End bal Paid-in Capital in Excess of Par Beg bal End bal Cash received 2. Complete the T account to calculate the cash paid for dividends during 2017 Beg bal
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