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Discuss a negative sign preceding the number

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Reference no: EM131757714

Testbank Exercise 3 Berry Corporation reported the following cash transactions for last year.

Issued common stock at $67 per share $161,000
Paid dividends to stockholders at year end 56,020
Received dividends from investments in other companies 33,240
Purchased bonds issued by City of Metropolis 48,810
Borrowed money from City Bank 23,420
Made payment to City Bank on loan 4,380
Purchased office equipment 11,920
Received interest payment on City of Metropolis bonds 2,080

Prepare the investing section of Berry's statement of cash flows. (Enter amounts that decrease cash using either a negative sign preceding the number e.g. -4,527 or parentheses e.g. (4,527).)

(b) Prepare the financing section of Berry's statement of cash flows. (Enter amounts that decrease cash using either a negative sign preceding the number e.g. -4,527 or parentheses e.g. (4,527).)

Reference no: EM131757714

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