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still has dishes and supplies worth $1,900. Requirement 1. Show what the restaurant will report for supplies, PPE, and cash flows at the end of
still has dishes and supplies worth $1,900. Requirement 1. Show what the restaurant will report for supplies, PPE, and cash flows at the end of the first year on its: - Income Statement - Balance Sheet - Statement of Cash Flows (investing only) Note: The purchase of dishes and supplies is an operating cash flow because supplies are a current asset. Begin with the income statement
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