ACC 290 Week 5 WileyPLUS Final Examination.DOCX

ACC 290 Week 5 WileyPLUS Final Examination

ACC 290 WileyPLUS Final Examination
 
Jackson Company recorded the following cash transactions for the year:

Paid $135,000 for salaries.
Paid $60,000 to purchase office equipment.
Paid $15,000 for utilities.
Paid $6,000 in dividends.
Collected $245,000 from customers.

What was Jackson’s net cash provided by operating activities?

 




$95,000
 


$110,000
 


$89,000
 


$35,000
 
Posting

 




should be performed in account number order.
 


is accomplished by examining ledger accounts and seeing which ones need updating.
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