Solved: In gentry company land decreased 360000 because of a cash, Accounting Basics

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In gentry company land decreased 360000 because of a cash

Problem

In Gentry Company, land decreased £360,000 because of a cash sale for £360,000, the equipment account increased £80,000 as a result of a cash purchase, and Bonds Payable increased £260,000 from issuance for cash at face value. What is the net cash provided by investing activities.

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Accounting Basics: In gentry company land decreased 360000 because of a cash

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Accounting Basics: In gentry company land decreased 360000 because of a cash

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