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Question 18 1 pts Maison Company began business on Jan. 1, 2020. Following are some of the company's transactions during their first three months in
Question 18 1 pts Maison Company began business on Jan. 1, 2020. Following are some of the company's transactions during their first three months in business: Jan. 1 - Sold 100 shares of stock to stockholders for $10,000. Jan. 1 - Borrowed $20,000. No payments are due on this loan until Jan. 1, 2022, and at that time Maison will owe $21,200. Feb. 8 - Purchased inventory on account for $8,000. March 2 - Paid accounts payable. March 31 - Paid $1,000 in dividends. How much were Maison's financing cash flows during the period? $9,000 $30,000 $28,750 $29,000 None of the above
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