SURVEY OF ACCOUNTING-ACCESS
SURVEY OF ACCOUNTING-ACCESS
4th Edition
ISBN: 9780077631536
Author: Thomas Edmonds
Publisher: McGraw-Hill Education
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Chapter 10, Problem 4E
To determine

Indicate the effect of the given transactions in the financial statement.

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Pam Pet Foods Co. reported net income of $52,000 for the year ended December 31, 2005. January 1 balances in accounts receivable and accounts payable were $30,000 and $28,000, respectively. Year-end balances in these accounts were $27,000 and $31,000, respectively. Assuming that all relevant information has been presented, Pam's cash flows from operating activities would be__.
can you please solve this
Accounting 54

Chapter 10 Solutions

SURVEY OF ACCOUNTING-ACCESS

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