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en 14 XYZ, Inc. had the following transactions during 2020: d out of question Exchanged land for a building$ 764,000 Purchased treasury shares 160,000 Paid
en 14 XYZ, Inc. had the following transactions during 2020: d out of question Exchanged land for a building$ 764,000 Purchased treasury shares 160,000 Paid cash dividend 380,000 Purchased equipment 212,000 Issued ordinary shares 588,000 What is xyz, Inc.'s net cash from investing activities? Select one: a. 764,000 cash outflow b. 212,000 cash outflow a. 534,000 cash inflow . 534,000 cash outflow n 15 Recognition of expense related to amortization of an intangible asset illustrates which principle of accounting? d out of question Select one: a. Expense recognition. OC b. Full disclosure c. Revenue recognition. d. Historical cost. 16 Which of the following is an example of an accrued expense? ut of question Select one: O Rent earned during the period, to be received at the end of the year. a. b. Property taxes incurred during the year, to be paid in the first quarter of the subsequent year C. Office supplies purchased at the beginning of the year and debited to an expense account d. Depreciation expense
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