Question: Read and study Chapters 2 and 3 in your course textbook, Survey of Accounting. Navigate to the threaded discussion and respond to the following: Describe
Read and study Chapters 2 and 3 in your course textbook, Survey of Accounting. Navigate to the threaded discussion and respond to the following: Describe one event that would cause a business to have a high net income but a low amount of cash in its cash account or describe one event that would cause a business to have a low net income but a high cash amount in its cash account. Give a detailed explanation of this event along with how the revenue and cash accounts are affected. Fully explain your answer and support your ideas with citations (APA format(new tab)) from your course textbook or other sources. Your initial post should be 100 to 200 words in length and include at least one proper APA citation of your textbook, along with citations for any other sources you use
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