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  3. Study Set
    Intermediate Accounting Study Set 1
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    Exam 4: Statements of Financial Position and Changes in Equity; Disclosure Notes
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    A Company Reported the Following Account Balances on the Balance
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A Company Reported the Following Account Balances on the Balance

Question 121

Question 121

Multiple Choice

A company reported the following account balances on the balance sheets for year 1 and year 2 (in 000's) : A company reported the following account balances on the balance sheets for year 1 and year 2 (in 000's) :   The increase or decrease in working capital for year 2 is: A) $24 increase. B) $24 decrease. C) $42 increase. D) $42 decrease. The increase or decrease in working capital for year 2 is:


A) $24 increase.
B) $24 decrease.
C) $42 increase.
D) $42 decrease.

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