Solved: Payment for machinery 9000 what amount would be reported, Accounting Basics

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Payment for machinery 9000 what amount would be reported

Question - During the year, Next Tec Corp. had the following cash flows: receipt from customers, $15,000; receipt from the bank for long-term borrowing, $7,300; payment to suppliers, $5,100; payment of dividends, $1,200, payment to workers, $2,300; and payment for machinery, $9,000. What amount would be reported for financing cash flows on the Statement of Cash Flows?

$5,100

$7,300

$6,100

($9,000)

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Accounting Basics: Payment for machinery 9000 what amount would be reported

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Accounting Basics: Payment for machinery 9000 what amount would be reported

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