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5. Zicklin Corporation had the following transactions during 2021 1. Acquired an investment in Zynga stock for cash of $
Posted: Wed Apr 27, 2022 10:51 am
by answerhappygod
- 5 Zicklin Corporation Had The Following Transactions During 2021 1 Acquired An Investment In Zynga Stock For Cash Of 1 (32.94 KiB) Viewed 41 times
5. Zicklin Corporation had the following transactions during 2021 1. Acquired an investment in Zynga stock for cash of $21,000. 2. Issued $125,000 of par value common stock for cash. 3. Recorded wages expense of $6,000 and paid wage expenses of $5,000 in cash. 4. Received a cash dividend of $10,000 from Zynga Company, 5. Sold a long-term investment (cost $4,000) for cash of $4,000. 6. Recorded credit sales of $50,000 and receive cash of $40,000 from the credit sales. 7. Bought inventory for cash of $16,000. What is the net cash provided by Investing activities? 01:56:32 Multiple Choice $18,000 outflow Du $16,000 outhow Sup of eres $17.000 outflow vnl $4,000 inflow CH Ace ang any