Business, 21.09.2020 09:01 adrian08022

The following T-account is a summary of the cash account of Flint Corporation. Cash (Summary Form) Balance, Jan. 1 23,200
Receipts from customers 1,055,600 Payments for goods 580,000
Dividends on stock investments 17,400 Payments for operating expenses 406,000
Proceeds from sale of equipment 104,400 Interest paid 29,000
Proceeds from issuance of Taxes paid 23,200
Bonds payable 870,000 Dividends paid 116,000
Balance, Dec. 31 916,400

Required:
What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows?

Answers: 2

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The following T-account is a summary of the cash account of Flint Corporation. Cash (Summary Form)...