Question
Marshland Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Cash dividends declared in
Marshland Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:
| Cash dividends declared in the year | $40,000 |
| Cash dividends payable at the beginning of the year | $17,000 |
| Cash dividends payable at the end of the year | $13,000 |
The amount of cash paid as dividends was ?
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
