Question: Brief Exercise 17-03 Your answer is incorrect. Try again. The following T-account is a summary of the Cash account of Cuellar Company. Cash (Summary Form)
Brief Exercise 17-03 Your answer is incorrect. Try again. The following T-account is a summary of the Cash account of Cuellar Company. Cash (Summary Form) Balance, Jan. 1 Receipts from customers Dividends on stock investments 8,800 365,700 Payments for goods 278,500 7,000 Payments for operating expenses 140,600 Proceeds from sale of equipment 36,800 Interest paid 10,100 Proceeds from issuance of Taxes paid 9,000 bonds payable Balance, Dec. 31 501,000 Dividends paid 422,000 59,100 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) used 431800 Net cash by financing activities $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT
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