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Brief Exercise 17-3
Your answer is partially correct. Try again. The following T-account is a summary of the Cash account of Cuellar Company.
Cash (Summary Form)
Balance, Jan. 18,200
Receipts from customers362,100
Payments for goods294,200
Dividends on stock investments6,700
Payments for operating expenses139,800
Proceeds from sale of equipment36,300
Proceeds from issuance ofTaxes paid8,100
Balance, Dec. 31400,800
What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows?
(Show amount that decrease cash flow with either a – sign e.g. -15,000 or in parenthesis e.g. (15,000).)
by financing activities$?
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