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11 Preparing an Income Statement, Statement of Retained Earnings, and Balance Sheet and Interpreting the Financial Statements [LO 1-2, LO 1-3] [The following information applies
11 Preparing an Income Statement, Statement of Retained Earnings, and Balance Sheet and Interpreting the Financial Statements [LO 1-2, LO 1-3] [The following information applies to the questions displayed below.] Part 7 of 7 Assume you are the president of Nuclear Company. At the end of the first year of operations (December 31), the following financial data for the company are available: 1 points Skipped Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies $ $31,680 59,650 12,5ee 62,530 210 39, eee 1,480 58,700 8,980 83,1ee 8,150 eBook Print References CP1-2 Part 4 4-a. By how much did cash Increase (decrease)? 4-b. Which financial statement would report the business activities responsible for this change in cash? O Income Statement Statement of Retained Earnings Balance Sheet O Statement of Cash Flows
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