Homework Week 5 (inc XNew läb se.com/platform/mod/quiz/attempt.php?attempt-17234

Question

Homework Week 5 (inc XNew läb se.com/platform/mod/quiz/attempt.php?attempt-1723435&page-21; Menu Accounts payable increase Accounts receivable increase Accrued liabilities decrease Amortization expense Cash balance, January 1 Cash balance, December 31 Cash paid as dividends Cash paid to purchase land Cash paid to retire bonds payable at par 11,200 3,000 22,000 81,200 90,000 168,000 98,000 17,000 29,000 4.000 13,000 212,800 2,000 Cash received from issuance of common stock Cash received from sale of equipment Depreciation expense Gain on sale of equipment Inventory decrease Net income Prepaid expenses increase Use a negative sign with answer to show cash outflow from (used by) financing activities Cash flow from (or used by) financing activities

Explanation / Answer

Calculation of extract of cash flow statement

Particulars Amount Cash flows from financing activities : Cash paid as dividend 81200 Cash paid to retire bonds payable at par 168000 Cash received from issuance of cash (98000) Net cash used by financing activities 151200

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