Question
Sheridan Company issued 16800 shares of $1 par common stock for $40 per share during 2017. The company paid dividends of $40000 and issued long-term
Sheridan Company issued 16800 shares of $1 par common stock for $40 per share during 2017. The company paid dividends of $40000 and issued long-term notes payable of $370000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows?
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Primary English Audit And Test Assessing Your Knowledge And Understanding
Authors: Doreen Challen
2nd Edition
190330086X, 978-1903300862
