Jackson company recorded the following cash transactions, Ask an Expert

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Jackson Company recorded the following cash transactions for the year:

Paid $45,000 for salaries.
Paid $20,000 to purchase office equipment.
Paid $5,000 for utilities.
Paid $2,000 in dividends.
Collected $75,000 from customers.

What was Jackson's net cash provided by operating activities?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M977755

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