Harbor company reported net income of 90000 for the year, Ask an Expert

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Harbor company reported net income of $90,000 for the year ended December 31, 201X. During the year inventories decreased by $12,000, accounts payable decreased by $18,000, depreciation expense was $20,000 and a gain on disposal of equipment of $9,000 was recorded

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Accounting Basics, Accounting

Category:- Accounting Basics
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