CPA at Young & Price_LLP_Information (Autosaved)

CPA at Young & Price_LLP_Information (Autosaved) -...

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Accounts receivable increasedd $5,000 ($5,000) Inventory decreased $8,000 $8,000 Office supplies decreased $2,000 $2,000 Other current assets increased $7,000 ($7,000) Fixed assets increased $20,000 ($20,000) Accounts payable decreased $15,000 ($15,000) Bonds payable decreased $25,000 ($25,000) Accrued expenses increased $2,000 $2,000 Common stock increased $5,000 $5,000 Net income $75,000 $75,000
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Unformatted text preview: Dividends paid $12,000 ($12,000) A/R increase ($5,000) Inventory decrease 8,000 Office supplies decrease 2,000 Other CA increase (7,000) Fixed Assets increase (20,000) A/P decrease (15,000) Bonds Payable (B/P) decrease (25,000) Accrued expense increase 2,000 CS increase 5,000 Net Income 75,000 Dividends paid (12,000) Overall change in cash $8,000 E-1: (Overall Change in Cash):...
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