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Exercise 12-5 The following information is available for Bramble Corp. for the year ended December 31, 2017. Exercise 12-5 The following information is available for
Exercise 12-5
The following information is available for Bramble Corp. for the year ended December 31, 2017.
Exercise 12-5 The following information is available for Bramble Corp. for the year ended December 31, 2017. Beginning cash balance 46,935 Accounts payable decrease 3,859 168,966 Depreciation expense Accounts receivable increase 8,553 Inventory increase 11,473 Net income 296,316 Cash received for sale of land at book value 36,505 Cash dividends paid 12,516 Income taxes payable increase 4,902 301,427 Cash used to purchase building Cash used to purchase treasury stock 27,118 Cash received from issuing bonds 208,600Step by Step Solution
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