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During 2010 the DLD Company had a net income of $50,000. In addition, selected accounts showed the following changes:
Accounts Receivable $3,000 increase
Accounts Payable 1,000 increase
Building 4,000 decrease
Depreciation Expense 1,500 increase
Bonds Payable 8,000 increase
What was the amount of cash provided by operating activities?

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  • Category:- Accounting Basics
  • Reference No.:- M980615

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