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Question 5) Below is selected financial information for Stu Corporation for December 31, 2022. Common Stock $55,000 Cash received from customers $196,000 Cash dividends
Question 5) Below is selected financial information for Stu Corporation for December 31, 2022. Common Stock $55,000 Cash received from customers $196,000 Cash dividends paid 9,000 Cash received from issuing common stock 46,000 Cash paid to purchase land 11,000 Cash at beginning of period 17,000 Inventory $2,000 Cash paid to purchase equipment 28,000 Cash paid to suppliers 44,000 99,000 Equipment Buildings 100,000 190,000 Service revenue
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