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Other Fields Homework Help Accounting Topic started by: majestico on Jun 6, 2017



Title: Indicate the effect that each of the following transactions has on the cash balance. Use (I) for ...
Post by: majestico on Jun 6, 2017
Indicate the effect that each of the following transactions has on the cash balance. Use (I) for increase, (D) for decrease, and (N) for no change.

a) ________ Issued common stock for cash
b) ________ Acquired land for cash
c) ________ Purchase equipment on account
d) ________ Paid a cash dividend
e) ________ Purchased supplies on account
f) ________ Received payment on account
g) ________ Borrowed money by issuance of a long-term debt
h) ________ Purchased equipment on account to be paid within one year


Title: Re: Indicate the effect that each of the following transactions has on the cash balance. Use (I) for ...
Post by: keytwo on Jun 6, 2017
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Title: Re: Indicate the effect that each of the following transactions has on the cash balance. Use (I) for ...
Post by: majestico on Sep 3, 2017
Yeah, makes a lot more sense. Appreciate this quite a lot