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Change in Account Positive is Increase, (Negative) is Decrease Accounts Recievable Accounts Payable Common Stock Land Depreciation Expense Notes Payable Interest Payable Inventory Equipment (15,000)
Change in Account Positive is Increase, (Negative) is Decrease Accounts Recievable Accounts Payable Common Stock Land Depreciation Expense Notes Payable Interest Payable Inventory Equipment (15,000) (10,000) 100,000 350,000 10,000 150,000 3,000 (3,000) (25,000) Net Income 25,000 All Payables and Recievables had to do with the normal course of business. Assuming a beginning cash balance of 10,000. Calculate the ending cash balance. (Used should be a negative number.....provided should be a positive number.)
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