Under the Taccount approach, net income is posted as a debit to the operating section of the Cash Taccount. debit to the operating section of the Cash T-account and credit to the Retained Earnings account. debit to the Retained Earnings account. credit to the operating section of the Cash T-account. On the statement of cash flows worksheet. a decrease in cash will be offset by a debit in the reconciling items columns at the bottom of the worksheet. significant noncash investing and financing activities are not entered in the reconciling columns. an increase in cash will be offset by a debit in the reconciling items column at the bottom of the worksheet. income statement accounts are listed after balance sheet accounts in the top half of the worksheet under the indirec method. Use the following financial statement information as of the end of each year to answer this question. Compute days in inventory for 2022. 24 days 6 days 64.4 days 60.8 days Concord's by the Tracks has the following partial balance sheet: What effect will the accumulated other comprehensive income have on comprehensive income? No effect on comprehensive income. Decrease of $784000 in comprehensive income. Increase of $8624000 in comprehensive income. Increase of $784000 in comprehensive income. Sunland Corporation had net income of $1700000 and paid dividends to common stockholders of $500000 in 2020 . The weighted average number of shares outstanding in 2020 was 680000 shares. Sunland Corporation's common stock is selling for $40 per share on the NASDAQ, Sunland Corporation's price-earnings ratio is 2.5 times. 7.5 times. 16.0 times. 11.5 times