This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: On July 31 of the current year, Bridges Industries borrowed $60,000 from the First National Bank. ... (Read 18 times)

knemetz3

  • Full Member
  • ***
  • Posts: 149
on: Feb 5, 2023
On July 31 of the current year, Bridges Industries borrowed $60,000 from the First National Bank. The $60,000 was used to pay dividends of $40,000 to stockholders and purchase a $20,000 piece of equipment. How will these transactions be reported in the statement of cash flows?

Operating SectionInvesting SectionFinancing Section

◦
$40,000 use$20,000 use$60,000 source

◦
$0$20,000 use$60,000 source and $40,000 use

◦
$0$40,000 use$60,000 source and $20,000 use

◦
$0$40,000 use and $20,000 use$60,000 source
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by knemetz3 on Feb 5, 2023

gyvette

  • Full Member
  • ***
  • Posts: 196
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly


knemetz3

  • Member
  • Posts: 149
Reply 2 on: Feb 5, 2023
:D TYSM

LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

A 100-Year Flood Map of Montpelier, Vermont A 100-Year Flood Map of Montpelier, Vermont
Average Number of Days per Year with Thunderstorms Average Number of Days per Year with Thunderstorms
Video: Types of energy transfer reactions: oxidation-reduction reactions and ATP generation reactions

For a complete list of videos, visit our video library