Question: Feedback 7 Check My Work Compute the increases and decreases in the current asset / liability accounts over the period. Determine what affect these changes

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7

Check My Work

Compute the increases and decreases in the current asset

/

liability accounts over the period. Determine what affect these changes would have on cash.

Changes in current operating assets and liabilities are added or deducted as follows: Increases in noncash current operating assets are deducted. Decreases in noncash current

operating assets are added. Increases in current operating liabilities are added. Decreases in current operating liabilities are deducted.

Feedback 7 Check My Work Compute the increases and decreases in

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