Change in Cash flow statement
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Please determine the change in cash based upon the following information. Please explain your answer.
Net Loss $15,000
Accounts Receivable $6,000 increase
Inventory $3,000 increase
Equipment $11,000 decrease
Accumulated Depreciation $4,000 increase
Accounts Payable $9,000 increase
Notes Payable $4,000 increase
Common Stock $10,000 increase
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Please determine the change in cash based upon the following information. Please explain your answer.
Net Loss $15,000
Accounts Receivable $6,000 increase
Inventory $3,000 increase
Equipment $11,000 decrease
Accumulated Depreciation $4,000 increase
Accounts Payable $9,000 increase
Notes Payable $4,000 increase
Common Stock $10,000 increase
First, we need to determine the type of ...
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