1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alina1380 [7]
3 years ago
10

The following T-account is a summary of the cash account of Kingbird Company. Cash (Summary Form) Balance, Jan. 1 7,200 Receipts

from customers 358,200 Payments for goods 209,100 Dividends on stock investments 5,600 Payments for operating expenses 129,600 Proceeds from sale of equipment 34,300 Interest paid 10,300 Proceeds from issuance of Taxes paid 7,800 bonds payable 301,700 Dividends paid 37,100 Balance, Dec. 31 313,100 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows
Business
1 answer:
lisov135 [29]3 years ago
5 0

Answer:

$264,600

Explanation:

The computation of net cash provided (used) by financing activities is shown below:-

Net cash inflow (Cash provided) by financing activities =  Proceeds from bond issue - Dividend Paid

= $301,700 - $37,100

= $264,600

Therefore for computing the net cash provided (used) by financing activities we simply applied the above formula.

You might be interested in
The starting point in calculating net operating income is the total annual income the property would produce assuming 100% occup
Viefleur [7K]

Answer:

B. potential Gross

Explanation:

Potential gross income refers to the gross income at 100% occupancy. On the other hand, effective gross income takes into account vacancy as well as other variables like collection loss.

3 0
3 years ago
PLEASE HELP ASAP ITS A TEST
skelet666 [1.2K]

Answer:

A is the right answer so right it

8 0
3 years ago
Read 2 more answers
Relationships influence the meanings that are given to words.<br> O True<br> O False
Elena-2011 [213]
......................True
4 0
3 years ago
2.Think of two investment opportunities and compare them to each other. Give a brief outline of what they are, how they work, an
Eddi Din [679]
So lets say we have two investment opportunities. A new convenient store in your neighborhood or a new shopping center more than 5 miles away from where you live... What would you invest in well lets look at the pros and cons of each investment. So even though the new convenient store is right around the corner from you and prices are low the new shopping center has better products, warranty and higher prices unlike the convenient store closer to you. So we have an investment budget of $1000 dollars and want to spend it wisely we need to access what has a better chance of being successful with what you put into it. So the convenient store will reach less people has a bargain price but also doesn't have security cameras. Even though the shopping center has great employees, top-of-the-line products, high security, and a great establishment but also has flaws. What are you gonna invest in,  will you take risks? My personal opinion is that I would invest in the shopping center because more people would be attracted to it because of the quality of service and products. So it would have a better probability in success and good use of my money. 
4 0
3 years ago
Choose the items below that would be added to the book balance on a bank reconciliation. (Check all that apply.)
Blizzard [7]

Answer:

A. Interest earned on the depositor's account

B. Deposit in transit and Note collected by the bank for the depositor

Explanation:

In Financial accounting, bank reconciliation can be defined as an evaluation which give a complete details of the financial items responsible for any difference between the balance of the cash account in the balance sheet and the cash balance reported in an entity's bank statement. These reconciliations should be done at regular intervals so as to ensure a balanced record of the cash account are kept by an organization or firm.

Adjusted balance ends the bank section of a bank reconciliation. Thus, in the event of any fraudulent behavior by an employee, the bank reconciliation would detect any anomaly or financial fraud in the organization.

In a nutshell, after a reconciliation of the bank statement, the adjusted bank balance should be equal to the company's ending adjusted cash balance on the balance sheet.

The items that would be added to the book balance on a bank reconciliation include the following;

A. Interest earned on the depositor's account.

B. Deposit in transit and Note collected by the bank for the depositor.

3 0
3 years ago
Other questions:
  • When a lender charges interest, it is known as:
    13·2 answers
  • If you can invest $1,000 today and it will grow to be worth $1,350 over the next 6 years, what is the compound annual return you
    7·1 answer
  • Alice owns land with an adjusted basis of $610,000 subject to a mortgage of $350,000. On April 1, Alice sells her land subject t
    7·1 answer
  • Bill and Alma are shopping for their first home. They have found two houses that are nearly identical except for their locations
    15·1 answer
  • You bought one of Great White Shark Repellant Co.'s 8 percent coupon bonds one year ago for $810. These bonds make annual paymen
    15·1 answer
  • 7. Multi-Step Four girls and two boys
    15·1 answer
  • When crafting a business message with strong reasoning, it is important to back claims with Multiple choice question. broad gene
    6·1 answer
  • What are three advantages of attending a community job fair? You can fill out job applications. You can decide whether you like
    13·1 answer
  • Creating, developing, retaining, and obtaining products and services that meet consumer needs is called _____.
    10·1 answer
  • If a buyer has a critical or more important use of the product then the inelasticity of the demand increases. what factor is aff
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!