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Adama Company reported a net loss of $6,000 for the year ended December 31, 2020....

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Accounting

Adama Company reported a net loss of $6,000 for the year ended December 31, 2020. During the year, accounts receivable increased $15,000, merchandise inventory decreased $12,000, accounts payable decreased by $20,000, and depreciation expense of $12,000 was recorded. During 2020, operating activities

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