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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958 Exercise 1
The following excerpt was taken from The Home Depot, Inc. 2009 Annual Report (for the fiscal year ended January 31, 2010):
Analyze:
If accountants at The Home Depot, Inc. failed to record cash receipts of $125,000 on January 31, 2010, what impact would this error have on the balance sheet category "Cash and cash equivalents"?
Analyze:
If accountants at The Home Depot, Inc. failed to record cash receipts of $125,000 on January 31, 2010, what impact would this error have on the balance sheet category "Cash and cash equivalents"?
Explanation
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Balance sheet:
The balance sheet is the...
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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