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Brief Exercise 12-3 Your answer is partially correct. Try again. The following T

ID: 2529505 • Letter: B

Question

Brief Exercise 12-3 Your answer is partially correct. Try again. The following T-account is a summary of the cash account of Wildhorse Company. Cash (Summary Form) Balance, Jan. 1 Receipts from customers Dividends on stock investments Proceeds from sale of equipment 34,300 Interest paid Proceeds from issuance of 8,300 332,000 Payments for goods 202,600 129,600 9,900 8,500 37,400 5,500 Payments for operating expenses Taxes paid bonds payable Balance, Dec. 31 297,600 Dividends paid 289,700 What amount of net cash provided (used) by financing activities should be reported in the statement of cash fl? sign e.q.-15,000 or in parenthesis e.q. (15,000).) Net cash provided by financing activities 270100 LINK TO TEXT

Explanation / Answer

proceeds from issuance of bonds payable 297,600 dividends paid -37,400 Net cash provided by financing activities 260,200

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