The following T-account is a summary of the Cash account of Wiegman Company. What amount of net
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What amount of net cash provided (used) by financing activities should be reported in the statement of cashflows?
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Cash (Summary Form) Balance, Jan. 1 Receipts from customers Dividends on stock investments Proceeds from sale of equipment 36,000 Proceeds from issuance of 8,000 364,000 Paymets for goods 200,000 6,000 Payments for operating expenses 140,000 10,000 8,000 60,000 Interest paid Taxes paid bonds payable Balance, Dec. 31 500,000 Dividends paid 496,000
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Related Book For
Managerial Accounting Tools for business decision making
ISBN: 978-1118096895
6th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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