Business, 17.06.2020 03:57 itscheesycheedar
Each of these items must be considered in preparing a statement of cash flows for Pharoah Company. for the year ended December 31, 2022. For each item, state how it should be shown in the statement of cash flows for 2022.
(a) Issued bonds for $190,000 cash. Choose the type of cash inflows and outflows
(b) Purchased equipment for $171,000 cash. Choose the type of cash inflows and outflows
(c) Sold land costing $19,000 for $19,000 cash. Choose the type of cash inflows and outflows
(d) Declared and paid a $47,500 cash dividend. Choose the type of cash inflows and outflows
Answers: 3
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Each of these items must be considered in preparing a statement of cash flows for Pharoah Company. f...
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