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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
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).)
Brief Exercise 12-3 The following T-account is a summary of the cash account of Teal Mountain Company Cash (Summary Form) Balance, Jan. 1 Receipts from customers Dividends on stock investments 5,700 Payments for operating expenses 153,600 Proceeds from sale of equipment 35,200 Interest paid Proceeds from issuance of 7,700 374,800 Payments for goods 187,500 10,200 8,000 40,100 Taxes paid bonds payable Balance, Dec. 31 316,000 Dividends paid 340,000 5 000 What amount of net cash provided used by financing activities should be reported in the statement of cash flows? Show a mounts that decrease cash flow with either asign e.9- or in parenthesis e.g.(15,000)) Net cash Jby financing activities Click if you would like to Show Work for this question: Open Show WorkStep by Step Solution
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