What was the amount of cash provided by operating activities

Assignment Help Accounting Basics

Reference no: EM132734205

Problem - During 2020 the Blossom Company had a net income of $84000. In addition, selected accounts showed the following changes:

Accounts Receivable $2500 increase

Accounts Payable 800 increase

Buildings 3800 decrease

Depreciation Expense 1300 increase

Bonds Payable 7000 increase

Required - What was the amount of cash provided by operating activities?

Reference no: EM132734205

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