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Blocker Company reported a net loss of $5,000 for the year ended December 31, 2012. During the year, accounts receivable increased $14,000, merchandise inventory decreased
Blocker Company reported a net loss of $5,000 for the year ended December 31, 2012. During the year, accounts receivable increased $14,000, merchandise inventory decreased $10,000, accounts payable decreased by $20,000, and depreciation expense of $10,000 was recorded. During 2012, operating activities
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