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Brief Exercise 11-31 (Algorithmic) Determining Net Cash Flow from Financing Activities Madison Company reported the following information: 20,000 12/31/2019 12/31/2018 Notes payable $95,000 $75,000 Common
Brief Exercise 11-31 (Algorithmic) Determining Net Cash Flow from Financing Activities Madison Company reported the following information: 20,000 12/31/2019 12/31/2018 Notes payable $95,000 $75,000 Common stock 120,000 30,000 Retained earnings 36,000 Madison reported net income of $20,000 for the year ended December 31, 2019. In addition, Madison repaid $12,000 of the notes payable during 2010 Requiredi Compute net cash flow from financing activities. Un a minus sign to indicato negative can now (outlows). -4,000 x HOW Set up T-conto dermine the city in the nois payable and retained warrings about
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