Question: Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transactions would have upon cash and

 Transactions that affect earnings do not necessarily affect cash. Identify the

Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transactions would have upon cash and net income. The first transaction has been completed as an example. If an amount reduces the occount balance then enter with negative sign preceding the number e.g. 15,000 or parentheses e.g. (15,000).)

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