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  3. delete 23 which of the following would be reported in...

Question: delete 23 which of the following would be reported in...

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delete 23) Which of the following would be reported in the cash flow from financing activities section of cash flows? 23) A) Paid cash for dividends backspac B) Sold land for cash C) Paying cash for dividends and receiving cash from common stock D) Received cash for common stock 24) Mayberry Company paid $30,000 cash to purchase land. What happened as a result of this business event 24) A) Total equity was not affected. B) Total assets were not affected. C) The net cash flow from investing activities decreased. D) Total assets and total equity were not affected, and net cash flow from investing activities decreased. 25) As of December 31, Year 1, Mason Company had $500 cash. During Year 2, Mason earned $1,200 of cash revenue and paid $800 of cash expenses. What is the amount of cash that will be reported on the balance sheet at the end of Year 2? 25) A) $1,700B) $900 C) $2,500 D) $400
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