Q#2. Keyser Beverage Company reported the following items in the most recent year. Net income.. 40000. Dividend paid.. 5000. Increase in account receivable. .10000. Increase in accounts payable . „7000. Purchase of equipment. „8000. Depreciation expense.. .4000. Issue of notes payable. ..20000. Requirement: Compute net cash provided by operating activities, the net change in cash during the year, and fresh cash flow. 3 Marks.

Q#2. Keyser Beverage Company reported the following items in the most recent year. Net income.. 40000. Dividend paid.. 5000. Increase in account receivable. .10000. Increase in accounts payable . „7000. Purchase of equipment. „8000. Depreciation expense.. .4000. Issue of notes payable. ..20000. Requirement: Compute net cash provided by operating activities, the net change in cash during the year, and fresh cash flow. 3 Marks.

Name: Q#2. Keyser Beverage Company reported the following items in the most
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Description: Q#2. Keyser Beverage Company reported the following items in the most recent year.Net income.....40000.Dividend paid...5000.Increase in account receivable..10000.Increase in accounts payable .„7000.Purchase of equipment.„.8000.Depreciation expense..

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter2: Basic Accounting Systems: Cash Basis

Section: Chapter Questions

Problem 2.15E

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