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    Changs in the Cash Account: Increase, Decrease or No Change

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    Changes in the cash account. Indicate the impact of the following corporate actions on cash using the letter I for and increase, D for a decrease, or N when no change occurs.

    a. A dividend that is paid with funds received from a sale of debt.
    b. B. real estate is purchased and paid for with short-term debt.
    c. C. inventory is bought on credit.
    d. D. a short-term bank loan is repaid.
    e. E. next year's taxes are prepaid.

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    https://brainmass.com/business/accounting/changs-cash-account-increase-decrease-change-379067

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    Changes in the cash account. Indicate the impact of the following corporate actions on cash using the letter I for and increase, D for a ...

    Solution Summary

    The solution determines the changes in the cash account.

    $2.19

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