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Remaining Time: 1 hour, 34 minutes, 33 seconds. Question Completion Status: QUESTION 23 Rubble Company reported net income of $70,000 for the year. During the
Remaining Time: 1 hour, 34 minutes, 33 seconds. Question Completion Status: QUESTION 23 Rubble Company reported net income of $70,000 for the year. During the year, accounts receivable increased by $6,000, accounts payable decreased by $5,000 = depreciation expense of $8,000 was recorded. Net cash provided by operating activities for the year is $70,000 $89,000 $63.000 $67,000 QUESTION 24 To record the declaration of a cash dividend Cash Dividends is credited Dividends Payable is debited Dividends Payable is credited Cash is debited QUESTION 25
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