Using data from the previous problem, complete the following requirements. Required: 1. For each transaction (including adjusting
Question:
Using data from the previous problem, complete the following requirements.
Required: 1. For each transaction (including adjusting entries) listed in the previous problem, indicate the effects
(e.g., cash + or — ), using the following schedule: 2. For each transaction, state whether cash flow from operating activities is increased, decreased, or there is no effect. 3. For each transaction, state whether the current ratio is increased, decreased, or there is no chance.
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