Use the I-9 Networking Solutions data in E10-79 to show how the company reported cash flows from financing activities during 2014. In E10-79, I-9 Networking Solutions began operations on January 1, 2014, and immediately issued its stock, receiving cash. I-9’s balance sheet at December 31, 2014, reported the following stockholders’ equity: Common stock, $ 1 par…………………. $ 56,000Additional paid- in capital……………… 394,400Retained earnings………………………… 41,000Treasury stock, 500 shares……………. (2,000)Total stockholders’ equity…………….$ 489,400View Solution:
Use the I 9 Networking Solutions data in E10 79 to show



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *