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6 7 8 31 32 33 34 35 36 37 A Moving to another question will save this response. Question 14 Zoum Corporation had the

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6 7 8 31 32 33 34 35 36 37 A Moving to another question will save this response. Question 14 Zoum Corporation had the following transactions during 2019: 1. Issued $125,000 of par value common stock for cash. 2. Recorded and paid wages expense of $60,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $10,000. 5. Sold a long-term investment (cost $3,000) for cash of $3,000. 6. Recorded cash sales of $400,000. 7. Bought inventory for cash of $160,000. 8. Acquired an investment in Zynga stock for cash of $21,000. 9. Converted bonds payable to common stock in the amount of $500,000. 10. Repaid a 6 year note payable in the amount of $220,000. What is the net cash provided by investing activities? $432,000 $212,000 ($18,000) ($68,000) Question Completion Status: 1020 80 1000 14 150 31 32 33 34 35 36 37 A Moving to another question will save this response. Question 29 A company receives $261, of which $21 is for sales tax. The journal entry to record the sale would include a Debit to Sales Taxes Expense for 521 Debit to Sales Taxes Payable for $21. Debit to Sales Revenue for $261. Debit to Cash for $261. Moving to another question will save this response MacBook Pro A Moving to another question will save this response. Question 30 Alt Corp. issues 3,000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, credits are made to Common Stock $30,000 and Paid-in Capital in Excess of Stated Value $12,000. Common Stock $28,000 Common Stock $30,000 and Paid in Capital in Excess of Par Value $12,000. Common Stock $30,000 and Retained Earnings $12.000 Moving to another question will save this response. MacBook Pro

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