Maben Company was started on January 1, Year 1, and experienced the following events during...
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Maben Company was started on January Year and experienced the following events during its first year of operation: Acquired $ cash from the issue of common stock. Borrowed $ cash from National Bank. Earned cash revenues of $ for performing services. Paid cash expenses of $ Paid a $ cash dividend to the stockholders. Acquired an additional $ cash from the issue of common stock. Paid $ cash to reduce the principal balance of the bank note. Paid $ cash to purchase land. Determined that the market value of the land is $ e Determine the net cash flows from operating activities, investing activities, and financing activities that Maben would report on the Year statement of cash flows. Note: Enter cash outflows as negative amounts. tableAccounting Equation,Net cash flows from investing activities,Net cash flows from financing activities,
Maben Company was started on January Year and experienced the following events during its first year of operation:
Acquired $ cash from the issue of common stock.
Borrowed $ cash from National Bank.
Earned cash revenues of $ for performing services.
Paid cash expenses of $
Paid a $ cash dividend to the stockholders.
Acquired an additional $ cash from the issue of common stock.
Paid $ cash to reduce the principal balance of the bank note.
Paid $ cash to purchase land.
Determined that the market value of the land is $
e Determine the net cash flows from operating activities, investing activities, and financing activities that Maben would report on the Year statement of cash flows.
Note: Enter cash outflows as negative amounts.
tableAccounting Equation,Net cash flows from investing activities,Net cash flows from financing activities,
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