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The following T-account is a summary of the cash account of Buffalo Industries. Cash (Summary Form) Balance, Jan. 1 21,600 Receipts from customers 982,800 Payments
The following T-account is a summary of the cash account of Buffalo Industries. Cash (Summary Form) Balance, Jan. 1 21,600 Receipts from customers 982,800 Payments for goods 540,000 Dividends on stock investments 16,200 Payments for operating expenses 378,000 Proceeds from sale of equipment 97,200 Interest paid 27,000 Proceeds from issuance of Taxes paid 21,600 bonds payable 810,000 Dividends paid 108,000 Balance, Dec. 31 853,200 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash v by financing activities $
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