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During the month of August, IQPC COMPANY had the following transactions Revenues of $123,000 were earned and received in cash. Bank loans of $20,250 were
During the month of August, IQPC COMPANY had the following transactions
Revenues of $123,000 were earned and received in cash.
Bank loans of $20,250 were paid off.
Equipment of $43,000 was purchased with cash.
Expenses of 75,100 were paid.
Stockholders purchased additional shares for $47,000 cash.
A statement of cash flows for August would report net cash flows from investing activities of:
1.26,750.
2.31,650.
3.43,000.
4.47,900.
A statement of cash flows for August would report an increase in cash of:
1.26,750.
2.31,650.
3.43,000.
4.47,900.
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