Business
Business, 04.03.2021 21:20, yasyyas646646

Adjustments to Net Income-Indirect Method Kingston Corporation's accumulated depreciation equipment account increased by $6,800, while $4,400 of patent amortization was recognized between balance sheet
dates. There were no purchases or sales of depreciable or intangible assets during the year. In addition, the income statement showed a loss of $5,100 from the sale of
land.
Reconcile a net income of $76,800 to net cash flow from operating activities.

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Answers: 2

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Adjustments to Net Income-Indirect Method Kingston Corporation's accumulated depreciation equipment...

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