Using the above information find out net cash inflow, Ask an Expert

Accounting

Q1)

CASH RECEIVED FROM:	reference
Customers	A	$ 1,800
Interest on investments	B	200
Sale of land	C	100
Sale of capital stock	D	600
Issuance of debt securities	E	2,000

CASH PAID FOR:
Interest on debt	F	$ 300
Income tax	G	80
Debt principal reduction	H	1,500
Purchase of equipment	I	4,000
Purchase of inventory	J	1,000
Dividends on capital stock	K	200
Operating expenses	L	500

problems: Using the above information, find out net cash inflow (outflow) from a. operating activities, b. investing activities, and c. financing activities; you require only comprise relevant letter reference and amount in support of your answers.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M922515

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