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  3. cpa 14.2.6: fact pattern: kollar corp.s transact

CPA 14.2.6: Fact pattern: Kollar Corp.s transactions for the year ended December 31,...

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Accounting

CPA 14.2.6: Fact pattern:
Kollar Corp.s transactions for the year ended December 31, Year 6, included the following:
Purchased real estate for $550,000 cash borrowed from a bank
Purchased machinery and equipment for $125,000 cash
Sold available-for-sale debt securities for $500,000
Paid $450,000 toward a bank loan
Paid dividends of $600,000
Reduced accounts receivable by $100,000
Issued 500 shares of common stock for $250,000
Increased accounts payable by $200,000
Kollars net cash used in investing activities for Year 6 was:
Kollars net cash used in financing activities for Year 6 was:

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