CHANGE IN CASH AND CASH EQUIVALENTS Pike Company's balance sheets as of December 31, 20-2 and 20-1,

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CHANGE IN CASH AND CASH EQUIVALENTS Pike Company's balance sheets as of December 31, 20-2 and 20-1, showed the following with regard to cash and cash equivalents:

Compute the amount of change in cash and cash equivalents and indicate whether it represented an increase or adecrease.

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 23, 2011 08:54 AM

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CHANGE IN CASH AND CASH EQUIVALENTS Pike Company's balance sheets as of December 31, 20-2 and 20-1,

Question:

20-2 20-1 Cash Government notes $90,000 4,000 $60,000 8,000

Step by Step Answer:

202 201 Cash 90000 60000 Government notes 4000 8000 To...View the full answer

College Accounting

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