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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. 

Accounting Basics, Accounting

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  • Reference No.:- M922515

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