In the electric utility enterprise funds statement of cash


The following transactions were among those reported by Corfe City's electric utility enterprise fund for 2012:

Capital contributed by subdividers $ 900,000 Cash received from customer households 2,700,000 Proceeds from sale of revenue bonds 4,500,000 In the electric utility enterprise fund's statement of cash flows for the year ended December 31, 2012, what amount should be reported as cash flows from capital and related financing activities?

Solution Preview :

Prepared by a verified Expert
Financial Accounting: In the electric utility enterprise funds statement of cash
Reference No:- TGS02598506

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)