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Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
Edition 4ISBN: 978-0078025372Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
Edition 4ISBN: 978-0078025372 Exercise 9
The total change in cash as shown near the bottom of the statement of cash flows for the year should agree to which of the following
A) the difference in retained earnings when reviewing the comparative balance sheet
B) net income or net loss as found on the income statement
C) the difference in cash when reviewing the comparative balance sheet
D) none of the above
A) the difference in retained earnings when reviewing the comparative balance sheet
B) net income or net loss as found on the income statement
C) the difference in cash when reviewing the comparative balance sheet
D) none of the above
Explanation
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Here, difference in cash is calculated b...
Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
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