Don't forget that Dividends really only belong in the Cash Flow Statement. A company had $10,000 in Cash at the beginning of 2006. What effect will the following items have on Cash at the end of 2006? Mark the correct column with an X Increase Decrease No Effect Inventory decreases Accounts Payable decreases Long-Term debt Increases Common Stock Increases Retained Earnings decreases Accounts Receivable decreases Short-term Debt decreases Accumulated Depreciation Increases Net Income is $10,000 Depreciation Expense increases Net Fixed Assets decreases The Cash Flow Statement is usually organized into three sections. Define cach group. Indicate which group each of the following is in: Operations Investment Financing Change in Inventories Depreciation Expense Change in Long-term Debt Net Income Change in Common Stock Change in Accounts Receivable Change in Other Current Liabilities Cash Dividends Paid to Shareholders Change in Accounts Payable Change in Short-term Notes Payable Change in Plant& Equipment