FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Serfleck Company reports the following data for the year ending December 31, 2023
December 31, 2023
$90,000
54,000
198,000
Common Stock
Land
Retained Earnings
Treasury Stock
0
Dividends Declared and Paid
6,000
There were no retirements of common stock in 2023. On the statement of cash flows (indirect method), what is the net cash provided by financing activities for the year ending December 31, 20237
OA $42,000
OB. $34,000
OC. $40,000
COD. $48,000
December 31, 2022
$48.000
39,000
222.000
8,000
6,000
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Transcribed Image Text:Serfleck Company reports the following data for the year ending December 31, 2023 December 31, 2023 $90,000 54,000 198,000 Common Stock Land Retained Earnings Treasury Stock 0 Dividends Declared and Paid 6,000 There were no retirements of common stock in 2023. On the statement of cash flows (indirect method), what is the net cash provided by financing activities for the year ending December 31, 20237 OA $42,000 OB. $34,000 OC. $40,000 COD. $48,000 December 31, 2022 $48.000 39,000 222.000 8,000 6,000
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