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Based only on the following information for Thrice Corporation, did cash go up or down? By how much? Classify each event as a source or
Based only on the following information for Thrice Corporation, did cash go up or down? By how much? Classify each event as a source or use of cash. |
Decrease in inventory | $ 420 |
---|---|
Decrease in accounts payable | 150 |
Increase in notes payable | 550 |
Increase in accounts receivable | 210 |
Multiple Choice
A.Cash increased by $610
B.Cash increased by $910
C.Cash decreased by $1,330
D.Cash decreased by $610
E.Cash increased by $1,030
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