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A summary of cash flows for T's Design Services for the year ended 30 June is shown below.
Cash receipts:
Cash received from customers $83,990
Cash received from additional investment by owner 25,000
Cash received from bank loan 100,000
Cash payments:
Cash paid for expenses $27,000
Cash paid for land investment 47,000
Cash paid for supplies 410
Drawing 5,000
Problem 1: The following was T's Design Services item in its cash flow from financing activities:
Select one:
a. $20,000.
b. $120,000.
c. (-)$27,000.
d. $30,000.
e. $125,000.
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