1) Briefly explain why the following cash inflows -- New loans received, Capital asset sales, and Nonfarm income -- are not included on the net income statement?

2)

When accrual adjustments... When accrual adjustments are made to cash income and expenses at the end of the year, are the following beginning and ending values added or subtracted? Show by + or signs. ginning Value Ending Value Adjustment to cash income: Inventory of stored grain Accounts receivable Adjustment to cash expenses: Accrued interest Supplies on hand