Question: Please Answer BOTH Parts! 1. Provided below are selected in uime statement and balance Sheet informahan fer Binky Supply Company. Assuming that these are the
1. Provided below are selected in uime statement and balance Sheet informahan fer Binky Supply Company. Assuming that these are the only items affecting the cash account for the firm: specify whether each item is a sarve or use of cash. compute the change in cash and the ending cash balance assuming a beginning cash balance of $481. $580 60 30 36 50 Net income Deprecahan Dividends Increase in marketable seanhes Decrease in Accounts recevablys Dearare in moto payabil Increase in Accounts Payable Decrease in Accrues wages and taxes. Increase in Inventones Decrease in Long Term Debt Increase in fixed Assets 28 20. 15 35 10 45
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