Blaylock Company provided the following information: Blaylock Company Comparative Balance Sheets At December 31, 2011 and 2012
Question:
Blaylock Company
Comparative Balance Sheets
At December 31, 2011 and 2012
...................2012.....................2011
Cash.......$565,000................$350,000
Required:
1. Calculate the change in cash.
2. Explain the role of the change in cash flow in the statement of cash flows.
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Related Book For
Cornerstones Of Managerial Accounting
ISBN: 9780538473460
4th Edition
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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