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Charmed, Inc had net income of $50,000. Accounts Receivable Increased by 534,000 inventory decreased by $20,000, accounts payable increased by $3,000 and salaries payable decreased

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Charmed, Inc had net income of $50,000. Accounts Receivable Increased by 534,000 inventory decreased by $20,000, accounts payable increased by $3,000 and salaries payable decreased by $700. The amount of cash flow from operating activities under the indirect method is O A. $38,300 OB. 533,700 OC. $67700 . D. $53.700 $500,000 of 6%, 10-year bonds were sold for $510,000 on January 1. The bonds require semiannual interest payments on June 30 and December 31. The entry to record the June 30 interest payment on the bonds would be to: A. debit Interest Expense 515,500 credit Premium on bonds payable, $500, credit Cash, $15,000 OB. debit Interest Expense $15,000 credit Cash $15,000 OC. debit Interest Expense $14,500, credit Cash. 514,500 OD. debil Interest Expense 514 500 dobit Premium on bonds payable, 5500 credit Cash $15.000

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