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 $50,000 from the First National Bank. On ... (Read 21 times)

Sadjam2

  • Full Member
  • ***
  • Posts: 153
on: Feb 5, 2023
On July 31 of the current year, Bridges Industries borrowed $50,000 from the First National Bank. On December 31, the company made its first payment of $1,000, of which $900 was applied to principal and $100 was interest. How will these transactions be reported in the statement of cash flows?

Operating SectionInvesting SectionFinancing Section

◦
$100 use$900 use$50,000 source

◦
$0$0$50,000 source and $900 use

◦
$0$0$50,000 source and $1,000 use

◦
$100 use$0$50,000 source and $900 use
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 Sadjam2 on Feb 5, 2023

latoyia.cook

  • Full Member
  • ***
  • Posts: 145
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


Sadjam2

  • Member
  • Posts: 153
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Pacific Silver Fir cone debris from feeding Douglas Squirrels, North Cascades National Park Pacific Silver Fir cone debris from feeding Douglas Squirrels, North Cascades National Park
Alligators of various ages in Everglades National Park Alligators of various ages in Everglades National Park
Video: How eudicots (true dicots) differ from monocots Animation

For a complete list of videos, visit our video library