Question
In Sheridan Company, land decreased $221,400 because of a cash sale for $221,400, the equipment account increased $73,800 as a result of a cash purchase,
In Sheridan Company, land decreased $221,400 because of a cash sale for $221,400, the equipment account increased $73,800 as a result of a cash purchase, and bonds payable increased $246,000 from issuance for cash at face value. The net cash provided by investing activities is
a). $172200.
b). $147600.
c). $221400.
d). $393600.
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A 1 Particulars Amount 2 cash inflow ...
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
