What is the net cash provided by investing activities

Assignment Help Accounting Basics
Reference no: EM132567113

Question - Joan's Vegetable Market had the following transactions during 2012:

1. Issued $50,000 of par value common stock for cash.

2. Repaid a 6 year note payable in the amount of $22,000.

3. Acquired land by issuing common stock of par value $100,000.

4. Declared and paid a cash dividend of $2,000.

5. Sold a long-term investment (cost $63,000) for cash of $6,000.

6. Acquired an investment in IBM stock for cash of $12,000.

Required - What is the net cash provided by investing activities?

Reference no: EM132567113

Questions Cloud

How does the allowance method provide a more accurate report : Why is accounting for uncollectible receivables necessary? How does the allowance method provide a more accurate reporting result
Integrated change control process on it projects : Discuss the importance of following a well-integrated change control process on IT projects.
The unique strategic challenges that christian universities : What are some of the unique strategic challenges that Christian universities face? How has the unprecedented Covid-19 pandemic crisis impacted your life?
What amount should be reported as unearned revenue : Mega Department Store sells gift certificates redeemable only when merchandise is purchased. What amount should be reported as unearned revenue at year-end
What is the net cash provided by investing activities : Joan's Vegetable Market had the following transactions during 2012: What is the net cash provided by investing activities
Privacy impact of biometrics access control systems : Research how the U.S. Department of Homeland Security is testing the privacy impact of Biometrics Access Control Systems
Prepare the journal entry to record the sale : Prepare the journal entry to record the sale of the photocopier assuming they used the straight line method to depreciate the photcopier
Visible and invisible physical security controls : Many business environments have both visible and invisible physical security controls.
Determine the unit-selling price : Manufacturing overhead incurred for the month: Variable $4,800 Fixed: $12,000. Raw materials: 16,000 parts used. Determine the unit-selling price

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare a correcting journal entry

Purchasing Cutoff. When tracing using the cutoff information from the December 31 inventory count of Thermo-Tempur Mattresses.

  How the event would be recorded in t-accounts

Tab Industries purchased $600 of supplies on account. Which of the following shows how this event would be recorded in T-accounts?

  Troy single purchased a home in hopkinton massachusetts on

troy single purchased a home in hopkinton massachusetts on april 6 2005 for 515500. he sold the home on october 6 2012

  Statement of partnership-realization and liquidation

The partners share profits and losses in the ratio of 3:4:3. Partner B is personally insolvent, but partners A and C have sufficient personal assets to satisfy any capital deficits.

  Compute the actual return on the plan assets

Erikson Company sponsors a defined benefit pension plan. Compute the actual return on the plan assets in 2010

  Wolford company borrowed 750000 from us bank on january 1

wolford company borrowed 750000 from u.s. bank on january 1 2009 in order to expand its mining capabilities. the

  Study of the human muscles

1. The study of the human muscles.

  Is employee entitled to any portion of the net sales proceed

Employee sued to collect her share of the net proceeds of the sale, Is Employee entitled to any portion of the net sales proceeds? If so, why? If not, why not

  Prepare any necessary adjusting entries

Prepare any necessary adjusting entries. Prepare income statement, statement of retained earnings, & balance sheet of COYOTE Company for the year 2016.

  Question - Reporting Promises

Question - Reporting Promises. The museum receives the first payment. Prepare journal entries to record the promise and the first year's contribution

  What are audit procedures for duplicate payment of vouchers

What are audit procedures for duplicate payment of vouchers, proper recording of purchases, determining collectability of accounts receivable

  How much should the village recognize as property tax

How much should the village recognize as property tax revenue in its government wide statement of activities for the fiscal year ended June 30, 2013?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd