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Partial Balance Sheets for ABC Company and Additional Information Are

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Essay

Partial balance sheets for ABC Company and additional information are provided below.
Additional information for 2009:
July 1: Issued 8,000 shares of common stock for cash.
July 1: Purchased new equipment for cash.
December 31: Paid cash dividends of $20,000.
Required:
Prepare the financing activities section of the statement of cash flows for 2009.
Partial balance sheets for ABC Company and additional information are provided below. Additional information for 2009: July 1: Issued 8,000 shares of common stock for cash. July 1: Purchased new equipment for cash. December 31: Paid cash dividends of $20,000. Required: Prepare the financing activities section of the statement of cash flows for 2009.


Definitions:

Right To Understand

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