A recent statement of cash flows for Oleg Company reported the following information: Based on the information

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A recent statement of cash flows for Oleg Company reported the following information:
452,800 Net Income 2 Adjustments to reconcile net Income to cash basis: Depreciation expense 64,000 (29,000) 16.200 Acco

Based on the information presented in the statement of cash flows for Oleg Company, determine whether the following accounts increased or decreased during the period: Accounts Receivable, Inventory, Other Current Assets, Accounts Payable, and Other Current Liabilities.

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Managerial Accounting

ISBN: 978-0134128528

5th edition

Authors: Karen W. Braun, Wendy M. Tietz

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