Essay
Partial balance sheet data and additional information for Earth Moving Industries are given below:
Additional information:
(a)June 15,2014--issued 4,000 shares of common stock for cash.
(b)July 1,2014--purchased new equipment for cash.
(c)December 31,2014--paid cash dividends of $40,000.
Prepare the investing and financing activities sections of the statement of cash flows for the year ending December 31,2014.
Correct Answer:
Verified
Correct Answer:
Verified
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