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Business, 25.02.2020 20:22 Weser17

During the month of August, Boyce Company had the following transactions:

(1)Revenues of $120,000 were earned and received in cash.

(2)Bank loans of $18,000 were paid off.

(3)Equipment of $40,000 was purchased with cash.

(4)Expenses of $73,600 were paid.

(5)Stockholders purchased additional shares for $44,000 cash.

A statement of cash flows for August, would report net cash flows from financing activities of:

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During the month of August, Boyce Company had the following transactions:

(1)Revenues o...
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