Olsen Company's balance sheets as of December 31, 20-2 and 20-1, showed the following with regard to

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Olsen 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 Chapters 1-15

ISBN: 978-1285055459

21st Edition

Authors: James Heintz

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Question Posted: Jun 07, 2014 03:59 AM

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Olsen Company's balance sheets as of December 31, 20-2 and 20-1, showed the following with regard to

Question:

20-2 $75,000 2,000 20-1 Cash Govcrnmcnt notes $45,000 6,500

Step by Step Answer:

202 201 Cash 75000 45000 Government notes 2000 6500 Tot...View the full answer

College Accounting Chapters 1-15

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