Question
The following information has been provided to you by RKJ Company: Net income $ 300,000 Decrease in accounts payable $ 114,000 Increase in inventory $
The following information has been provided to you by RKJ Company:
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| Net income | $ | 300,000 |
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| Decrease in accounts payable | $ | 114,000 |
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| Increase in inventory | $ | 22,000 |
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| Increase in accounts receivable | $ | 24,000 |
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| Decrease in bonds payable | $ | 25,000 |
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| Loss on sale of a depreciable asset | $ | 19,000 |
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| Depreciation expense | $ | 40,000 |
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| Decrease in income taxes payable | $ | 12,000 |
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Beyond Audit Auditing Remotely And Delivering Value
Authors: Robert L. Mainardi
1st Edition
1119789605, 978-1119789604
