ox_Sammy_ox
New member
The following T account is a summary of the cash account of Edmonds Company.
Cash (Summary Form)
Balance, Jan. 17,330
Receipts from customers365,760 Payments for goods175,090
Dividendson stock invest. 6,760 Pay. for operating expenses 151,120
Proceeds from sale of equipment33,060 Interest paid12,960
Proceeds from issuance of Taxes Paid8,460
bonds payable287,300 Dividends paid40,530
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Balance, Dec. 31312,050
I have to know what amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (If amount decreases cash flow, put a (-) sign preceding the number.)
i have to know the account and the amount....
Cash flows from financing activities- ??
Net cash (used or provided) by financing activities- ??
Cash (Summary Form)
Balance, Jan. 17,330
Receipts from customers365,760 Payments for goods175,090
Dividendson stock invest. 6,760 Pay. for operating expenses 151,120
Proceeds from sale of equipment33,060 Interest paid12,960
Proceeds from issuance of Taxes Paid8,460
bonds payable287,300 Dividends paid40,530
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Balance, Dec. 31312,050
I have to know what amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (If amount decreases cash flow, put a (-) sign preceding the number.)
i have to know the account and the amount....
Cash flows from financing activities- ??
Net cash (used or provided) by financing activities- ??