Question
In Vaughn Manufacturing, land decreased $294300 because of a cash sale for $294300, the equipment account increased $98100 as a result of a cash purchase,
In Vaughn Manufacturing, land decreased $294300 because of a cash sale for $294300, the equipment account increased $98100 as a result of a cash purchase, and Bonds Payable increased $327000 from issuance for cash at face value. The net cash provided by investing activities is
a. $196200.
b. $523200.
c. $294300.
d. $228900.
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Financial Accounting Reporting And Analysis
Authors: Michael Diamond, James Stice, Earl K. Stice, James D. Stice
5th Edition
0538873019, 978-0538873017
