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PROBLEMS: SET A P12-1A You are provided with the following information regarding events that occurred at Distinguish amo Moore Corporation during 2017 or changes in
PROBLEMS: SET A P12-1A You are provided with the following information regarding events that occurred at Distinguish amo Moore Corporation during 2017 or changes in account balances as of December 31, 2017, nvesting, and fi activittes (LO 1,2),AP Statement of Cash Flow Section Affected If Operating, Did It Increase or Decrease Reported Cash from Operating Activities? (a) Depreciation expense was $80,000. (b) Interest Payable account increased $5,000. (c) Received $26,000 from sale of plant assets. (d) Acquired land by issuing common stock to seller (e) Paid $17,000 cash dividend to preferred stockholders. () Paid $4,000 cash dividend to common stockholders, (g) Accounts Receivable account decreased $10,000. (h) Inventory increased $2,000 (i) Received $100,000 from issuing bonds payable. G) Acquired equipment for $16,000 cash
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