Question
Jean's Vegetable Market had the following transactions during 2022: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year
Jean's Vegetable Market had the following transactions during 2022: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $15,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $8,000. 5. Sold a long-term investment (cost $3,000) for cash of $6,000. 6. Received $40,000 of cash for issuance of 3 year note payable. 7. Acquired an investment in IBM stock for cash of $10,000. What is the net cash provided by financing activities?
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
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