Blaylock Company provided the following information: Required: 1. Calculate the change in cash. 2. Explain the role
Question:
Required:
1. Calculate the change in cash.
2. Explain the role of the change in cash flow in the statement of cash flows.
Transcribed Image Text:
Blaylock Company Comparative Balance Sheets At December 31, 2015 and 2016 2016 2015 Cash S1,130,000 $700,000
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1 Change in cash 1130000 700000 ...View the full answer
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Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-1305103962
6th edition
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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