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The following T-account is a summary of the Cash account of Splish Brothers Inc.. Cash (Summary Form) Balance, Jan. 1 7,600 Receipts from customers 364,700
The following T-account is a summary of the Cash account of Splish Brothers Inc..
Cash (Summary Form) | |||
---|---|---|---|
Balance, Jan. 1 | 7,600 | ||
Receipts from customers | 364,700 | Payments for goods | 270,100 |
Dividends on stock investments | 5,500 | Payments for operating expenses | 140,100 |
Proceeds from sale of equipment | 36,100 | Interest paid | 10,500 |
Proceeds from issuance of bonds payable | 499,900 | Taxes paid | 8,400 |
Dividends paid | 60,000 | ||
Balance, Dec. 31 | 424,700 |
What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Net cash select an option providedused by financing activities | $enter enter net cash used or provided by financing activities amount in dollars |
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