The following data are available for ABC Corporation. (1) Sale of land $400,000; (2) Sale of equipment 200,000; (3) Issuance of ordinary shares 280,000; (4) Purchase of equipment 120,000; (5) Payment of dividends 240,000. Net cash provided by investing activities is:

Select one:

a $600,000.

b $480,000.

c $520,000.

d $760,000.

A firm takes out a spot loan amounting 200.000 TL on 20 September 2020. The money is transferred to the firms bank account. Maturity is 182 days; annual interest rate is 5%. Which one will be the accounting record for 31 December 2020 (101 days passed until 31 December)?

Select one:

a Bank Loans 200.000 debit, Banks 200.000 credit

b 780 Financing Expenses 2.805 debit, Accrued Expenses 2.805 credit

c 780 Financing Expenses 2.805 debit, Banks 2.805 credit

d Banks 200.000 debit, Bank Loans 200.000 credit