Issued 25000 of par value common stock for cash what is the


Question - Joy Elle's Vegetable Market had the following transactions during 2008:

1. Issued $25,000 of par value common stock for cash.

2. Repaid a 6 year note payable in the amount of $11,000.

3. Acquired land by issuing common stock of par value $50,000.

4. Declared and paid a cash dividend of $1,000.

5. Sold a long-term investment (cost $3,000) for cash of $3,000.

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

What is the net cash provided by financing activities?

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Accounting Basics: Issued 25000 of par value common stock for cash what is the
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