Cengag...

C

C

C

C

C

C

C

C

eBook

Show Me How

Print Item

Changes in current operating assets and liabilities$-$indirect method

Covington Corporation's comparative balance sheet for current assets and liabilities was as follows:

$\backslash$table$[[,$Dec. $31,20$Y$2,$Dec. $31,20$Y$1],[$Accounts receivable,$$28,900,$$$28,500$