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In 2022, A company began business by issuing 100 shares of $2 par common stock. In the journal entry to record the issuance, the company
In 2022, A company began business by issuing 100 shares of $2 par common stock. In the journal entry to record the issuance, the company credits additional paid in capital for $1,000. The company also issued 5, $1,000 bonds at par. What was the company's cash from financing? Use a postive number for net cash inflow and a negative number for net cash outflow.
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