What is the change in cash? (a) ($3,000) (b) $3,000 (c) $2,000 (d) ($2,000) The following information
Question:
What is the change in cash?
(a) ($3,000)
(b) $3,000
(c) $2,000
(d) ($2,000)
The following information is available for Jacqui’s Jewelry and Gift Store:
Transcribed Image Text:
Net income Depreciation expense Increase in deferred tax liabilities Decrease in accounts receivable Increase in inventories Decrease in accounts payable Increase in accrued liabilities $ 5,000 2,500 500 2,000 9,000 5,000 1,000 Increase in property and equipment 14,000 Increase in short-term notes payable 19,000 Decrease in long-term bonds payable 4,000
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Related Book For
Understanding Financial Statements
ISBN: 9780138114404
12th Edition
Authors: Lyn Fraser, Aileen Ormiston
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