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Blossom Company recorded the following cash transactions for the year: Paid $128000 for salaries. Paid $36000 to purchase office equipment. Paid $10900 for utilities.
Blossom Company recorded the following cash transactions for the year: Paid $128000 for salaries. Paid $36000 to purchase office equipment. Paid $10900 for utilities. Sold investments for cash of $5800. Paid $10500 in dividends. Collected $312000 from customers. Issued shares for cash of $124000. What was Blossom's net cash provided (used) by financing activities?
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Intermediate Accounting
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
1st edition
978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302
