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Kampy Krusty Corp.'s transactions for the year ended December 31, 20XX included the following: Kampy Krusty Corp. borrowed $110,000 they signed a 9%note Kampy Krusty
Kampy Krusty Corp.'s transactions for the year ended December 31, 20XX included the following: Kampy Krusty Corp. borrowed $110,000 they signed a 9%note Kampy Krusty Corp purchased real estate for $110,000 Sold investment securities for $100,000 Paid dividends of $120,000 * Issued 500 shares of common stock for $50,000 Purchased machinery and equipment for $25,000 cash Paid $90,000 toward a bank loan Reduced accounts receivable by $20,000 "Increased accounts payable by $40,000 Kampy Krusty's net cash used in financing activities for 20XX was: O $10,000 $50,000 O $90,000 O $100,000
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