Problemadelsons electric had beginning long-term debt of, Ask an Expert

Accounting

Problem:

Adelson's Electric had beginning long-term debt of $42,511 and ending long-term debt of $48,919. The beginning and ending total debt balances were $84,652 and $78,613, respectively. The interest paid was $4,767.

Required:

Question: What is the amount of the cash flow to creditors?

Note: Show supporting computations in good form.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91170216

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