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What was t design services item in cash flow

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Reference no: EM132967589

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.

Reference no: EM132967589

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