Question

In Coronado Company, land decreased $146000 because of a cash sale for $146000, the equipment account...

In Coronado Company, land decreased $146000 because of a cash sale for $146000, the equipment account increased $60000 as a result of a cash purchase, and Bonds Payable increased $112000 from issuance for cash at face value. The net cash provided by investing activites is

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Answer #1
Note:- Issue of bonds are financing activities
The Net cash provided by investing activitie are
Particulars Amount
Sale of land         146,000
Purchase of equipment         (60,000)
Cash provided by investing activities          86,000
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