Bramble Corp. had the following transactions during 2025: 1. Issued $270000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $113500. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $15500. 5. Sold land(cost $6000) for cash of $6000. 6. Recorded cash sales of $810000. 7. Bought inventory for cash of $331000. 8. Acquired equipment for cash of $46900. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $403000. What is the net cash provided (used) by investing activities? O $456100 O $859100. O ($140900). O ($40900).

Bramble Corp. had the following transactions during 2025: 1. Issued $270000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $113500. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $15500. 5. Sold land(cost $6000) for cash of $6000. 6. Recorded cash sales of $810000. 7. Bought inventory for cash of $331000. 8. Acquired equipment for cash of $46900. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $403000. What is the net cash provided (used) by investing activities? O $456100 O $859100. O ($140900). O ($40900).

Name: Bramble Corp. had the following transactions during 2025:1. Issued $2
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Description: Bramble Corp. had the following transactions during 2025:1. Issued $270000 of par value common stock for cash.2. Recorded and paid salaries and wages expense of $113500.3. Acquired land by issuing common stock valued at $100000.4. Declared and paid

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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