Refer to the data in QS 12-3. (1) Assume that all common stock is issued for cash.

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Refer to the data in QS 12-3. (1) Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2005? (2) Assume that no additional notes payable are issued in 2005.

What cash amount is paid to reduce the notes payable balance in 2005?

QS 1 2-6b Computing cash received from customers P5

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Financial Accounting Information For Decisions

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Refer to the data in QS 12-3. (1) Assume that all common stock is issued for cash.

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Financial Accounting Information For Decisions

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