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During the month of August, Boyce Company had the following transactions: Revenues of $123,000 were earned and received in cash. Bank loans of...
During the month of August, Boyce Company had the following transactions:
Revenues of $123,000 were earned and received in cash. Bank loans of $20,250 were paid off. Equipment of $43,000 was purchased with cash. Expenses of 75,100 were paid.* Stockholders purchased additional shares for $47,000 cash.
A statement of cash flows for August, would report net cash flows from operating activities of:
1.26,750.
2.31,650.
3.43,000.
4.47,900.
A statement of cash flows for August, would report net cash flows from financing activities of:
1.26,750.
2.31,650.
3.43,000.
4.47,900
