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For each of the transactions below, drag and drop effect on income and the effect on cash flows Purchased equipment for $100 cash. Effect on
For each of the transactions below, drag and drop effect on income and the effect on cash flows Purchased equipment for $100 cash. Effect on income is Effect on cash flows is Collected $10 on accounts receivable. Effect on income is Effect on cash flows is Used $3 of the supplies previously purchased. Effect on income is Effect on cash flows is Provided $7 of services to a cash paying customer. Effect on income is Effect on cash flows is Income increases Income decreases Cash increases Qash decreases No effect
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
12th edition
1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411
