Business, 25.12.2019 03:31 montgomerykarloxc24x

Software distributors reports net income of $65,000. included in that number is depreciation expense of $15,000 and a loss on the sale of land of $6,000. a comparison of this year's and last year's balance sheets reveals a decrease in accounts receivable of $28,000, a decrease in inventory of $37,000, and an increase in accounts payable of $45,000.

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Software distributors reports net income of $65,000. included in that number is depreciation expense...

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