Solution-Prepare the financing section of the statement of

Prepare the financing section of the statement of cash flows

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Reference no: EM13957019

Molton Company experienced the following during 2012:

1. Issued preferred stock for $125,000.
2. Repurchased $70,000 of its own common stock
3. Borrowed $150,000 from a bank issuing a 5-year note.
4. Retired bonds by paying $45,000.
5. Declared dividends of $135,000 payable on March 1,201 3.

Required:

Prepare the financing section of the statement of cash flows.

Reference no: EM13957019

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Prepare the financing section of the statement of cash flows

Reference no: EM13957019

Reference no: EM13957019

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