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    Accounting Study Set 3
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    Exam 24: Statement of Cash Flows
  5. Question
    What Effect Does This Journal Entry Have on Cash Flows
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What Effect Does This Journal Entry Have on Cash Flows

Question 12

Question 12

Multiple Choice

What effect does this journal entry have on cash flows?
Dr Depreciation expense $88 200
Cr Accumulated depreciation $88 200


A) Increase outflows
B) Decrease outflows
C) No effect on outflows or inflows
D) Decrease inflows

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