21)Ning Company reported a net loss of $15,000 for the year ended December 31, 2026. During the year, Supplies decreased $10,000, accounts receivable increased $14,500, sales tax payable increased by...

21)Ning Company reported a net loss of $15,000 for the year ended December 31, 2026. During the year, Supplies decreased $10,000, accounts receivable increased $14,500, sales tax payable increased by $18,000, and depreciation expense of $12,000 was recorded. During 2026, operating activities:

A) used net cash of $4,500.

B) provided net cash of $10,500.

C) used net cash of $10,500.

D) provided net cash of $4,500.

Jun 09, 2022

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21)Ning Company reported a net loss of $15,000 for the year ended December 31, 2026. During the year, Supplies decreased $10,000, accounts receivable increased $14,500, sales tax payable increased by...

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