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Will rate on multiple accounts if all 3 are answered Question 36) Galaxy Corporation reported net income of $75,000 for the year. During the year,

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Question 36) Galaxy Corporation reported net income of $75,000 for the year. During the year, accounts receivable decreased by $6,000, accounts payable decreased by $3,000 and depreciation expense of $5,000 was recorded. Using the indirect method, cash provided by operating activities for the year is a. O a $83,000. Ob. $78,000 O c. $70,000. d. $71,000. O e. $75,000 e Question 35) On a bank reconciliation, which of the following would be added to the balance per bank? a. outstanding cheques O b. deposits in transit O c. electronic payment by a customer on account d. bank service charges. e. payment to suppliers. Question 39) An aging of a company's accounts receivable indicates that $4,200 is estimated to be uncollectible. If Allowance for Doubtful Accounts has a $800 credit balance, the adjustment to record bad debts expense for the period will require a a. debit to Bad Debts Expense for $4,200. b. debit to Allowance for Doubtful Accounts for $3,400. c. credit to Bad Debts Expense for $3,400. d. credit to Allowance for Doubtful Accounts for $5,000. e. debit to Bad Debts Expense for $3,400

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