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A Change in a Company's Cash Account Is Equal to The

Question 59

Multiple Choice

A change in a company's cash account is equal to the:


A) changes in liabilities and shareholders' equity minus the change in noncash assets.
B) changes in liabilities minus the changes in shareholders' equity and noncash assets.
C) sum of the changes in liabilities,shareholders' equity and noncash assets.
D) change in noncash assets minus the changes in liabilities and shareholders' equity.

Correct Answer:

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