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1. What is the amount of the net increase or decrease in cash and cash equivalents that would be shown on the companys statement of
1. | What is the amount of the net increase or decrease in cash and cash equivalents that would be shown on the companys statement of cash flows? |
2. | What net income would the company include on its statement of cash flows? |
3. | How much depreciation would the company add to net income on its statement of cash flows? |
4. | If the company debited Accounts Receivable and credited Sales for $1,320,000 during the year, what is the total amount of credits recorded in Accounts Receivable during the yea |
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