Question
Bedford Inc. had the following transactions during 2017: Exchanged land for a building $764,000 Purchased treasury shares 160,000 Paid cash dividend 380,000 Purchased equipment 212,000
Bedford Inc. had the following transactions during 2017:
| Exchanged land for a building | $764,000 |
| Purchased treasury shares | 160,000 |
| Paid cash dividend | 380,000 |
| Purchased equipment | 212,000 |
| Issued ordinary shares | 588,000 |
What is Bedford Inc.s net cash provided or used by investing activities?
Please note that the answers are not 212000 and 164000.
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Accounting Information Systems Understanding Business Processes
Authors: Brett Considine, Alison Parkes, Karin Olesen, Michael Lee, Derek Speer
3rd Edition
1742165559, 978-1742165554
