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Following are the 2020 transactions Paid dividends $99,000 Issued common stock $558,000 Issued a long-term note payable in exchange for equipment $375,000 Purchased treasury stock
Following are the 2020 transactions
- Paid dividends $99,000
- Issued common stock $558,000
- Issued a long-term note payable in exchange for equipment $375,000
- Purchased treasury stock with a cost of $81,000
What did the company report as net cash used by financing activities on the statement of cash flows for the year ended December 31, 2020?
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
