Tran Company reports the following amounts on its statement…

Tran Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $35,500; net cash used in investing activities was $13,000 and net cash used in financing activities was $16,500. If the beginning cash balance is $6,500, what is the ending cash balance?

Prior to June 30, Promotions Company has never had any treas…

Prior to June 30, Promotions Company has never had any treasury stock transactions. The company repurchased 100 shares of its $1 par common stock on June 30 for $40 per share. On July 20, it reissued 50 of these shares at $46 per share. On August 1, it reissued 30 of the shares at $28 per share. What is the journal entry necessary to record the reissuance of treasury stock on August 1?

Harbor Company has $110,000 of 9% cumulative, preferred stoc…

Harbor Company has $110,000 of 9% cumulative, preferred stock outstanding. Harbor also has $510,000 of common stock outstanding. In the company’s first year of operation, $3,600 cash dividends were paid. During the second year, the company paid cash dividends of $31,000. In the second year, the dividend should be distributed as follows: