Information related to various financial statement elements is provided for three cases: 

Case A Interest expense was $ 26,600. Interest payable had an opening balance of $ 11,500 and a closing balance of $ 7,600. The discount on bonds payable was amortized by $ 2,300 during the year.
Case B Interest revenue was $ 125,700. Interest receivable increased by $ 72,100 during the year.
Case C Sales revenue was $ 794,300. Accounts receivable increased from $ 104,100 to $ 119,700, and unearned revenue decreased by $ 12,000 during the year.

Required:
For each case, calculate the cash inflow or outflow related to the revenue or expense account.

Answer rating: 100% (QA)

Particulars Amount Amount Interest expense 26600 Discoun... View the full answer