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The following T-account is a summary of the Cash account of Waterway Company. Balance, Jan. 1 Receipts from customers Dividends on stock investments Proceeds from
The following T-account is a summary of the Cash account of Waterway Company. Balance, Jan. 1 Receipts from customers Dividends on stock investments Proceeds from sale of equipment Proceeds from issuance of bonds payable Balance, Dec. 31 Cash (Summary Form) Net cash 7,600 363,800 Payments for goods 6,300 36,600 499,800 481,200 Payments for operating expenses Interest paid Taxes paid Dividends paid provided by financing activities 211,400 69 140,900 11,900 What amount of net cash provided (used) by financing activities should be reported in the statement of cas decrease cash flow with either sign e.g.-15,000 or in parenthesis e.g. (15,000).) 8,000 60,700
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