Question
In preparing Titan Inc.s statement of cash flows for the year ended December 31, 2021, the following amounts were available: Collect note receivable $615,000 Issue
In preparing Titan Inc.s statement of cash flows for the year ended December 31, 2021, the following amounts were available:
Collect note receivable $615,000
Issue bonds payable 715,000
Purchase treasury stock 400,000
What amount should be reported on Titan, Incs statement of cash flows for financing activities?
| $ 24,000 | ||
| $1,254,000 | ||
| $339,000 | ||
| $315,000 |
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Auditing & Assurance Services A Systematic Approach
Authors: William F Messier Jr, Steven M Glover, Douglas F Prawitt
11th Edition
1260687635, 1259969444, 9781259969447, 978-1260687637
