Briannas Wedding Shops earned net income of $25,000, which included depreciation of $16,000. Briannas acquired a $116,000
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1. How much did Brianna’s cash balance increase or decrease during the year?
2. Were there any non-cash transactions for the company? If so, show how they would be reported in the statement of cash flows.
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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