Question: By how much did cash increase (decrease) Assume you are the president of High Power Corporation . At the end of the first year corporations
Required information [The following information applies to the questions displayed below.) Assume you are the president of High Power Corporation. At the end of the first year of operations (December 31), the following financial data for the company are available: Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies $32,100 9,550 13,300 59,899 1,950 86,000 1,160 58,700 7,850 90,000 5,000 2-o. By how much did cash increase (decrease)? o at en G
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