Total interest paid on a six-month, $16,800, 8% note payable equals. Multiple Choice $672.00. o o o of $896.00 51,344.00. - $560.00. . On January 1, a company paid $24,000 for a full year of rent beginning on January 1. The rent payment was appropriately recorded in the Cash and Prepaid Rent accounts. If financial statements are prepared on January 31, the journal entry to record the adjustment would be. Multiple Choice Debit Rent Expense and credit Prepaid Rent for $24,000. Too 0 0 Debit Rent Expense and credit Prepaid Rent for $2,000. Debit Prepaid Rent and credit Rent Expense for $2,000. Debit Prepaid Rent and credit Rent Expense for $24,000. Bobcat Corporation issues 200,000 shares of stock with a par value of $0.05 for $154 per share. Three years later, it repurchases these shares for $84 per share. Bobcat records the repurchase in which of the following ways? Multiple Choice ( Debit Treasury Stock for $16.80 million and credit Cash for $16.80 million Debit Common Stock for $10,000, debit Additional Paid-in Capital for $16,790,000 and credit Cash for $16.80 million Debit Common Stock for $10,000, debit Additional Paid-in Capital for $30,790,000 and credit Cash for $30.80 million. Debit Stockholders' Equity for $30.80 million, credit Additional Paid-in Capital for $16.80 million and credit Cash for $16.80 million. A Company reported net income of $21,500 for the current year. During the year, Inventory decreased by $7,200, Accounts Payable decreased by $8,100, Depreciation Expense was $10,200, and Accounts Receivable increased by $6,700. If the indirect method is used, what is the net cash provided by operating activities? Multiple Choice S24100 S10700 S40,300 $53,700