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9. The following data come from the financial statements of Tarazi Aina Company for 20X8. Dividends declared and paid during the year $65 Increase in

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9. The following data come from the financial statements of Tarazi Aina Company for 20X8. Dividends declared and paid during the year $65 Increase in stockholder's equity during the year 100 Depreciation expense for the year 40 Increase in interest payable during the year 11 Total cash received from operating activities during the year 124 ncrease in accumulated depreciation during the year 32 Increase in cash during the year 15 Net income for the year 90 Interest expense for the year 55 Total cash paid for investing activities during the year 185 What was the amount of cash received through the issuance of new shares of stock by Tarazi Aina Company during the year 20X8? $100 $55 $75 $35 $10 $25 $115 $60 10. Which ONE of the following accounts will be CREDITED when making closing entries? Unearned Revenue Cash Interest Revenue Accounts Payable Cost of Goods Sold Prepaid Rent Expense Inventory Paid in Capital11. The following information is for Byrne Dareid Company: 20X2 20X1 Loans Payable $10,000 $20,000 Retained Earnings 85,000 78,000 Common Stock 25,000 17,000 Net Income 18,000 20,000 Net cash paid for financing activities 27,000 21,000 Using this information, compute the cash paid to repurchase shares of stock in 20X2. $19,000 $10,000 $5,000 $14,000 $21,000

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