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Business, 10.09.2019 23:30 jacksolo

Assume you are the president of high power corporation. at the end of the first year of operations (december 31), the following financial data for the company are available: accounts payable $ 34,000 accounts receivable 12,400 cash 15,200 common stock 60,990 dividends 2,140 equipment 98,000 notes payable 2,390 operating expenses 60,300 other expenses 8,040 sales revenue 105,600 supplies 6,900 2-a. by how much did cash increase (decrease)? 2-b. which financial statement would report the business activities responsible for the change in cash? income statement statement of retained earnings balance sheet statement of cash flows

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Assume you are the president of high power corporation. at the end of the first year of operations (...
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