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Required information (The following information applies to the questions displayed below.) Assume you are the president of Nuclear Company. At the end of the first
Required information (The following information applies to the questions displayed below.) Assume you are the president of Nuclear Company. At the end of the first year of operations (December 31), the following financial data for the company are available: Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment $ 30,000 59,500 12,000 62,280 200 36,000 1,470 57,200 8,850 88,000 8,000 Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies 4-a. By how much did cash increase (decrease)? 4-b. Which financial statement would report the business activities responsible for this change in cash? Complete this question by entering your answers in the tabs below. Req 4A Req 4B By how much did cash increase (decrease)?
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