Francois F
New member
The following T account is a summary of the cash account of Edmonds Company.
Cash (Summary Form)
Balance, Jan. 17,895
Receipts from customers364,417 Payments for goods 221,941
Dividends on stock investments6,298 Payments for operating expenses 140,823
Proceeds from sale of equipment 36,284 Interest paid 11,841
Proceeds from issuance of bonds payable Taxes Paid 8,717
300,963
Dividends paid49,580
Balance, Dec. 31282,955
What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows?
Cash flows from financing activities
Proceeds from issuance of bonds: ???????????
Payments of Dividends: ??????????
Net cash inflow from financing activities: ??????????
Cash (Summary Form)
Balance, Jan. 17,895
Receipts from customers364,417 Payments for goods 221,941
Dividends on stock investments6,298 Payments for operating expenses 140,823
Proceeds from sale of equipment 36,284 Interest paid 11,841
Proceeds from issuance of bonds payable Taxes Paid 8,717
300,963
Dividends paid49,580
Balance, Dec. 31282,955
What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows?
Cash flows from financing activities
Proceeds from issuance of bonds: ???????????
Payments of Dividends: ??????????
Net cash inflow from financing activities: ??????????