i need all answered

The accountant for Dylan Inc is preparing financial statements for the year ended December 31, 2018. She has obtained the following information regarding the statement of cash flows for the year $23,500 Net cash provided by (used in) operating activities Net cash provided by (used in) investing activities Cash balance, beginning of year Cash balance, end of year 6,700 10,900 Given the above information, what is the amount of net cash provided by (used in) financing activities? Multiple Choice | o $24,400 o $4, 200 o ($4,200) o ($24,400) Joe is a personal trainer, he and his friends recently organized a new business, Workit, as a corporation. Workit provides personalized training sessions for its clients. Workit has been very successful since it began just a few months ago. In June, the following transactions occured: Provided $1,000 of personal training sessions to clients who paid in cash. Provided $780 of personal training sessions on account. . Collected $585 from clients who received training sessions during May. Paid May's utility bill of $425. Received June's utility bill of $475 and set it aside for payment in July. Assuming Workit uses accrual basis accounting, calculate net income for June? Monica Inc. has decided to sell a piece of machinery that they no longer use in their production process. On January 1, 2018, Monica sells the machinery for $25,400. When the machine was purchased on January 1, 2016, Monica Inc paid $45,700 including the cost of freight and installation. The machine was estimated to have a useful life of 5 years with no residual value. Monica Inc. will include which of the following when recording the sale of the equipment: 1 Multiple Choice 0 a gain of $25,400 would be recorded. a loss of $20,300 would be recorded. 0 a loss of $2,020 would be recorded. a gain of $2,020 would be recorded 0 Accountant Jeff Smith is reviewing the finanical statements for Phoebe's Purses. Jeff finds that cost of goods sold has a balance of $16,000. If the accounting records reports purchases of $19,000 and ending inventory of $5,000, the beginning inventory must have been: Multiple Choice o 52000. o $21,000. o $14,000. o $8,000. An accountant had just completed her bank reconciliation. It showed a deposit in transit of $710; the company's journal entry for this reconciling item would include: Multiple Choice a debit cash of S710. . a credit to accounts receivable for $710. a credit to cash of $710. nothing, because the deposit has already been recorded. Mandy Company sells designer handbags. The purchasing manager, Eve, reports the following information regarding inventory for the the month of March: Beginning inventory $11,000, Purchases of inventory for $36,500. The perpetual inventory system indicates that inventory costing $32,750 was sold during March for $42,000. Eve counts the physical inventory on March 31st and finds that inventory costing $14,400 is actually on hand at month-end. What amount of shrinkage will Mandy Company report for March? Multiple Choice $14,395 0 $350 $350 0 $14.750 $5,500 0