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Changes in the Cash Account (Please use the appropriate letter for each of the numbered items below. Use ; I for increase, D for decrease

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Changes in the Cash Account (Please use the appropriate letter for each of the numbered items below. Use ; I for increase, D for decrease or N for no change). Please type the number and the corresponding letter in the answer box below. 1) Inventory is bought on credit 2) Next year's taxes are prepaid 3) A dividend is paid 4) A dividend is paid with funds from a short term loan The accounts payable account is reduced Sales are made on credit 6)

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