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Question - Given

Net income $20,000

Depreciation $ 3,000

Increase in accounts receivable   $1,000

Decrease in prepaid rent    $ (400)

Increase in accrued liabilities      $900

Cash paid to purchase office equipment   $4,000

Required - What is the net cash provided by operating activities?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92570307
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