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Use the following information to calculate cash received from dividends: Dividends revenue Dividends receivable, January 1 Dividends receivable, December 31 O $71,000. O $69,750. O $72,250. O $76,850. O $66,400. $71,000 5,850 4,600

Use the following information to calculate cash received from dividends: Dividends revenue Dividends receivable, January 1 Dividends receivable, December 31 O $71,000. O $69,750. O $72,250. O $76,850. O $66,400. $71,000 5,850 4,600

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Use the following information to calculate cash received from dividends: Dividends revenue Dividends receivable, January 1 Dividends receivable, December 31 O $71,000. O $69,750. O $72,250. O $76,850. O $66,400. $71,000 5,850 4,600
Transcribed Image Text:Use the following information to calculate cash received from dividends: Dividends revenue Dividends receivable, January 1 Dividends receivable, December 31 O $71,000. O $69,750. O $72,250. O $76,850. O $66,400. $71,000 5,850 4,600
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