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The following transactions occurred during May at Beautiful Smiles Dental Corporation: Performed dental services on account $70,000 Purchased supplies (toothpaste, dental floss, etc.) on account
The following transactions occurred during May at Beautiful Smiles Dental Corporation: Performed dental services on account $70,000 Purchased supplies (toothpaste, dental floss, etc.) on account 3,000 Used supplies 1,000 Purchased a new X-ray machine with cash 50,000 What is the change in working capital (current assets - current liabilities) during May? O a. $19,000 increase O b. $69,000 increase O c. $22,000 increase O d. $16,000 increase e. $72,000 increase
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Accounting For Beginners
Authors: Kokab Rahman
1st Edition
149479294X, 978-1494792947
