. Chrono Trigger Corporation had the following activities in 2008. 1. Payment of accounts payable $770,000 4....

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. Chrono Trigger Corporation had the following activities in 2008.

1. Payment of accounts payable $770,000 4. Collection of note receivable $100,000 2. Issuance of common stock $250,000 5. Issuance of bonds payable $510,000 3. Payment of dividends $300,000 6. Purchase of treasury stock $46,000 Compute the amount Chrono Trigger should report as net cash provided (used) by financing activities in its 2008 statement of cash flows.

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Intermediate Accounting 2007 FASB Update Volume 2

ISBN: 9780470128763

12th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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