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12. velue 25.00 points E5-15 Determining the Effects of Transactions on Balance Sheet, Income Statement, and Statement of Listed here are selected aggregate transactions for

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12. velue 25.00 points E5-15 Determining the Effects of Transactions on Balance Sheet, Income Statement, and Statement of Listed here are selected aggregate transactions for ModernStyle Furmture Company from the first quarter of a recent year (ddlars in milons) ded collections of cash from customers owed on open account of $40.8 b Repaid $56 in principal on line of credit with a bank with principal payable within one year Complete the following tabie by entering the amount of each transaction To indicate the effect enter positive values for an increase, negative values for decrease ado effect Consider each item Current trom Operaong Transaction Current Assets Gross Profit Liabilities 12. velue 25.00 points E5-15 Determining the Effects of Transactions on Balance Sheet, Income Statement, and Statement of Listed here are selected aggregate transactions for ModernStyle Furmture Company from the first quarter of a recent year (ddlars in milons) ded collections of cash from customers owed on open account of $40.8 b Repaid $56 in principal on line of credit with a bank with principal payable within one year Complete the following tabie by entering the amount of each transaction To indicate the effect enter positive values for an increase, negative values for decrease ado effect Consider each item Current trom Operaong Transaction Current Assets Gross Profit Liabilities

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