How company would report the cash


Response to the following problem:

During the current year, Ross Corporation purchased a warehouse for $45,000, paid $1,000 dividends, sold land for $7,900, and issued $25,000 of common stock. All of these were cash transactions.

Show how Ross Corporation would report the cash provided by (or used for) its investing and financing activities sections of its statement of cash flows for the current year.

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Financial Accounting: How company would report the cash
Reference No:- TGS02100133

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