Vaughn Manufacturing had the following transactions during 2022: 1. Issued $272500 of par value common stock...
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Vaughn Manufacturing had the following transactions during 2022: 1. Issued $272500 of par value common stock for cash. 2. Recorded and paid wages expense of $130800. 3. Acquired land by issuing common stock of par value $109000. 4. Declared and paid a cash dividend of $21800. 5. Sold a long-term investment (cost $6540) for cash of $6540. 6. Recorded cash sales of $872000. 7. Bought inventory for cash of $348800. 8. Acquired an investment in Zynga stock for cash of $45780. 9. Converted bonds payable to common stock in the amount of $1090000. 10. Repaid a 6-year note payable in the amount of $479600. What is the net cash provided by financing activities? O $861100. O $(228900). O $250700. O $1318900. Vaughn Manufacturing had the following transactions during 2022: 1. Issued $272500 of par value common stock for cash. 2. Recorded and paid wages expense of $130800. 3. Acquired land by issuing common stock of par value $109000. 4. Declared and paid a cash dividend of $21800. 5. Sold a long-term investment (cost $6540) for cash of $6540. 6. Recorded cash sales of $872000. 7. Bought inventory for cash of $348800. 8. Acquired an investment in Zynga stock for cash of $45780. 9. Converted bonds payable to common stock in the amount of $1090000. 10. Repaid a 6-year note payable in the amount of $479600. What is the net cash provided by financing activities? O $861100. O $(228900). O $250700. O $1318900.
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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