questions 11,13 & 15

u dbseis ana Increase equity 15. Stella Ltd reported profit of $40,000 for the year. During the year, accounts receivable increased by $6,000, accounts payable decreased by $4,000 and depreciation expense of $7,000 was recorded. Net cash provided by operating activities for the year is: a) $23,000 b) $30,000 c) $31,000 d) $37,000 Choice Multiple Choice Answer Sheet Question 1 b Focus DE nited States) 13. Penny Lane's gross pay from her employer for the week ending 30 September was $2800. Her employer deducted PAYG income tax of $840, union fees $24 anc donations to charity $55. Penny's employer also pays 9.5% of her gross pay to a superannuation fund to comply with the Superannuation Guarantee requirements. What is her net pay for the week? a) $1,881 b) $1,615 c) $1,960 d) $2,534 11. The NZA Bank agrees to issue $180,000 of 3-month notes payable to Campbell Ltd on 1 March 2019. The notes are interest-bearing at the rate of 10%. What is the correct journal entries to record the repayment of the notes including the interest, on due date? a) D Cash 180,000 180,000 C Notes payable D Notes payable b) 180,000 180,000 180,000 c) C Cash D Notes payable D Interest expense + 4,500 C Cash 184,500 d) D Notes payable 184,500 C Interest expense 4,500 180,000 C Cash