Question: The following data are available for Mazaya Company. Decrease in land R.O. 120,000; Increase in bonds payable R.O. 300,000; Sale of investments R.0.150,000; Issuance of
The following data are available for Mazaya Company. Decrease in land R.O. 120,000; Increase in bonds payable R.O. 300,000; Sale of investments R.0.150,000; Issuance of ordinary shares R.O.180,000; Payment of cash dividends R.O. 90,000. Net cash provided by investing activities is: Select one: a. R.O.390,000 b.R.O.270,000 CR.0.480,000 d.R.O.510,000. Mazaya Company developed the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, 6/30 R.O. 8,000; Note receivable collected by bank 3,200; Outstanding checks 4,800; Deposits in transit 2,400; Bank service charge 40; NSF check 640. Determine the cash balance per books (before adjustments) for Mazaya Company Select one: a. R.O.6,280. b.R.O. 10,400 C.R.O.3.080. d.R.O.8,000
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