Starlight Co. provided the following information on selected transactions during 20X1:      Purchase of land                                     $600,000      Proceeds from issuing bonds                2,000,000      Purchase of inventory                           1,800,000      Purchase of treasury stock                      400,000      Dividends paid to shareholders               300,000      Proceeds from issuing preferred stock    500,000      Proceeds from sale of equipment            400,000 The net cash provided (used) by investing activities during 20X1 is   Question 10 options:   $(200,000).   $1,300,000.   $(700,000).   $0.

12) JAE Corp.'s transactions for the year ended December 31, 20X8 included the following: Purchased real estate for $1,250,000 cash. Sold available-for-sale securities for $1,000,000. Paid dividends of $1,200,000. Issued 500 shares of common stock for $500,000. Purchased machinery and equipment for $250,000 cash. Received a $250,000 cash dividend from an equity investment. Paid $900,000 toward a bank loan. Reduced accounts receivable by $200,000. Increased accounts payable $400,000. JAE Corp's net cash used in INVESTING activities for 20X8 was: a) $250,000. b) $500,000. c) $750,000. d) $1,500,000.

Perrett Company provided the following information on selected transactions during 20X1: Dividends paid to preferred stockholders Loans made to affiliated corporations Proceeds from issuing bonds Proceeds from issuing preferred stock Proceeds from sale of equipment Purchases of inventories Purchase of land by issuing bonds Purchases of treasury stock $ 250,000 700,000 800,000 1,050,000 400,000 1,200,000 300,000 600,000 The net cash provided (used) by financing activities during 20X1 is $1,000,000. $1,300,000. $550,000. $(1,650,000).

"Page 1 6 Record the necessary journal entry for the issuance of common stock. General Journal DR CR 7 Record the repurchase of common stock. General Journal DR CR 8 Record $50,000 in cash dividends declared. General Journal DR CR 9 Record the $50,000 cash dividends that have now been paid. General Journal DR CR 10 Assume and record a property dividend of inventory valued at $75,000 declared and paid. General Journal DR CR 11 Assume a common stock dividend declared of 19% of shares outstanding. Market at $12 per share. General Journal DR CR 12 Assume a common stock dividend declared of 35% of shares outstanding. General Journal DR CR