ACC 307 6-2 Homework 3 - The accounting records of Baddour...

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The accounting records of Baddour Company provided the data below. Net loss $4,950 Depreciation expense 5,850 Increase in salaries payable 545 Decrease in accounts receivable 1,950 Increase in inventory 2,325 Amortization of patent 360 Reduction in discount on bonds 260 Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts to be deducted and losses should be indicated with a minus sign.)

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