Question: Chapter 23 p Adjusting Net Income for Changes in Current Assets and Current Liabilities Brady Company reported net income of $30,000 for 20-2. The December
Chapter 23 p Adjusting Net Income for Changes in Current Assets and Current Liabilities Brady Company reported net income of $30,000 for 20-2. The December 31 balances of the curre and current liabilities are shown below. 20-2 20-1 Accounts Receivable - $6,000 $3,000 Merchandise Inventory_30,000 34,000 Accounts Payable -16,000 18,000 Wages Payable 5,000 10,000 ( 0 ) - 11000 Compute cash provided by operating activities. $
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