Question
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
2. Based only on the following information for Murdoch Pty Ltd, did cash go up or down? By how much? Classify each event as a source or a use of cash. [8 marks]
Increase in accounts payable $25,000
Increase in inventory $15,000
Decrease in accounts receivable $27,000
Decrease in borrowings $65,000
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