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The March accounting records of Jackson & Associates include these accounts: (Click the icon to view the accounts.) Requirement Compute Jackson & Associates' net cash
The March accounting records of Jackson & Associates include these accounts: (Click the icon to view the accounts.) Requirement Compute Jackson & Associates' net cash provided by operating activities during March. Use Data table Cash Accounts receivable Cash flows from operating activities: Mar 1 11,000 Payments 455 000 Mar 1 19,000 Collections 447 000 Net income Receipts 447,000 Sales 443,000 Adjustments to reconcile net income to net cash Mar 31 3.000 Mar 31 15.000 provided by (used for) operating activities: Inventory Accounts payable Mar 1 17,000 Cast of goods sold 289.000 Payments 297,000 Mar 1 10,000 Purchases 304,000 Purchases 304,000 Mar 31 32,000 Mar 31 17,000 Net cash provided by (used for operating activities Accumulated depreciation Retained earnings Mar 1 48,000 Dividends 23,000 Mar 1 62.000 Depreciation expense 9,000 Net income 45.000 Man 31 57 000 Mar 31 84,000 Print Done Time Remaining: 02:23:10 Etext pages Calculator
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