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    Calculate Cash Sources or Cash Uses

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    ** Please see the attached file for the complete problem details **

    For each of the items, calculate the cash sources or cash uses that should be recognized on the statement of cash flows for the year ended December 31, 2010.

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    https://brainmass.com/business/accounting/calculate-cash-sources-cash-uses-375101

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    These require that you understand that to increase an account, you have to put more in than you took out.

    Or, to decrease an account, you have to take more out than you took in.

    (a) AR: Decrease by $23,800. So you had to bill less than you collected to get an decrease. Billings = $768,000 so collections had to be ...

    Solution Summary

    These require that you understand that to increase an account, you have to put more in than you took out. Or, to decrease an account, you have to take more out than you took in.

    $2.19

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