Question
Monique's Bridal Boutiques earned net income of $75,000, which included depreciation of $12,000. Monique's acquired a $121,000 building by bomowing $121,000 on a long-term note
Monique's Bridal Boutiques earned net income of $75,000, which included depreciation of $12,000. Monique's acquired a $121,000 building by bomowing $121,000 on a long-term note payable. Requirements 1. How much did Monique's cash balance increase or decrease during the year? 2 Ween them any non.cash transactions for the comnam? It so show how then well be mooted in the statement.at.cash flow Requirement 1. How much did Monique's cash balance increase or decrease during the year? Complete the following table to calculate Monique's cash balance, and indicate whether this balance represents an increase or a decrease in cash (Ender a " for any tem that do not affect cash.) Choose from any list or enter any number in the input fields and then click Check Answer S14-9 (similar to) Monique's Bridal Boutiques earned net income of $75,000, which included depreciation of $12,000. Monique's acq long-term note payable. Requirements 1. How much did Monique's cash balance increase or decrease during the year? 2 Were there any non-cash transactions for the company? If so show how they would he reported in the statem Net income Depreciation Expense Purchase of building with a long-term note in cash Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All
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