IDNLearn.com offers a comprehensive solution for all your question and answer needs. Ask your questions and get detailed, reliable answers from our community of knowledgeable experts.
preparing the cash flow from financing activities section gomez corp. reported the following items for the year ended december 31. item dec 31 purchased an investment in debt securities (long-term) for cash $ 30,000 sold equipment for cash, previously used in operations 25,000 paid cash for dividends 10,000 issued common stock for cash 100,000 retired a 10-year bond payable by repaying the face value at maturity 80,000 sold investment in equity securities (held for one-year) 11,000 borrowed cash by signing a nine-month note payable 15,000 extended a loan to a customer for a building expansion 8,000
Sagot :
Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Discover the answers you need at IDNLearn.com. Thanks for visiting, and come back soon for more valuable insights.