. 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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Related Book For
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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