What was the amount of cash provided by operating activities


During 2010 the DLD Company had a net income of $50,000. In addition, selected accounts showed the following changes:
Accounts Receivable $3,000 increase
Accounts Payable 1,000 increase
Building 4,000 decrease
Depreciation Expense 1,500 increase
Bonds Payable 8,000 increase
What was the amount of cash provided by operating activities?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What was the amount of cash provided by operating activities
Reference No:- TGS080615

Expected delivery within 24 Hours