The following transactions occurred last year at Jolly Corporation: Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows would be:
A) $179,000
B) $59,000
C) $(109,000)
D) $46,000

Question

The following transactions occurred last year at Jolly Corporation:  Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows would be:
A) $179,000 
B) $59,000 
C) $(109,000) 
D) $46,000

Quizplus · Accepted Answer

The Answer of The following transactions occurred last year at Jolly Corporation:  Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows would be:
A) $179,000 
B) $59,000 
C) $(109,000) 
D) $46,000

The Following Transactions Occurred Last Year at Jolly Corporation