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25. Dallas Corporation purchased 300 shares of its own $10 par value common stock for of these shares were sold for $8,000 cash. The journal

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25. Dallas Corporation purchased 300 shares of its own $10 par value common stock for of these shares were sold for $8,000 cash. The journal entry to record the sale incluoes A) $500 credit to Additional Paid-in Capital from Treasury B) $4,800 credit to Additional Paid-in Capital from Treasury Stock C) $500 credit to Sales Revenue D) $8,000 credit to Treasury Stock $7,500. Later, all Stock 26. Laborto Inc. has net income of $20,000 and the following related items Depreciation expense Accounts receivable decrease Inventory increase Accounts payable increase $11,000 8,000 6,000 3,000 How much is Laborto's net cash flow provided (or used) by operating acivities? A) $36,000 B) $39,000 C) $31,000 D) ($33,000) 27. Consider the following Net Income Depreciation Expense Issuance of Common Stock Increase in Inventory Payment of Bonds Payable Payment of Dividends $17,300 12,000 22,500 2,050 6,150 2,000 using the indirect method Calculate the A) $25.900 B) $18,900 C) $35,900 D) $14,350

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