The following changes occurred in accounts over the year: accounts payable increased by $6,000, bonds payable decreased by $12,000, common stock increased by $10,000, paid-in capital increased by $10,000, and retained earnings increased by $20,000. No dividends were paid during the year. What is the net cash flow from financing activities? a.$22,000 b.$(8,000) c.$8,000 d.$20,000

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A: Formula: Beginning cash balance = year-end cash balance - net decrease in cash

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A: Total Equity = Total assets - Total liabilities Total assets = Total Equity + Total liabilities

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A:

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A: Total assets = Total liabilities + stock holders equity

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A:

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A:

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A:

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A: In this numerical has covered the concept of balances of accounts.