Question

During the year Company X recorded the transactions listed below. What amount would the company include...

During the year Company X recorded the transactions listed below. What amount would the company include in the financing section of the statement of cash flow?

Cash to retire bonds

$ 70,800
Proceeds from bond issuance

101,520
Cash for interest on bonds

8,760
Proceeds from sale of common stock of Company X

241,200
Proceeds from sale of common stock of Company Z

110,640
Cash to purchase common stock of Company X

97,800
Cash to purchase common stock of Company Y

122,040
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Answer #1
Statement of cash flow (partial)
Particulars Amount ($)
FINANCING ACTIVITIES:
Cash to retire bonds          (70,800)
Proceeds from bond issuance         101,520
Proceeds from sale of common stock of Company X         241,200
Cash to purchase common stock of Company X          (97,800)
Total cash from financing activities         174,120
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