Question
Change in Cash and Cash Equivalents Himes Company's balance sheets as of December 31, 20-2 and 20-1, showed the following with regard to cash and
Change in Cash and Cash Equivalents
Himes Company's balance sheets as of December 31, 20-2 and 20-1, showed the following with regard to cash and cash equivalents:
| 20-2 | 20-1 | |
| Cash | $71,900 | $50,000 |
| Government notes | 2,000 | 5,000 |
Compute the amount of change in cash and cash equivalents. $
Indicate whether it represented an increase or a decrease. Increase
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Cima Official Exam Practice Kit Fundamentals Of Ethics Corporate Governance And Business Law Certificate In Business Accounting
Authors: Larry Mead
4th Edition
1856177092, 978-1856177092
