A cash paid for a borrowing made earlier affects which of the following accounts? a. Cash and Notes Payable b. Cash and Accounts Receivable c. Cash and Salary Expense d. Cash and Service Revenue
A cash paid for a borrowing made earlier affects which of the following accounts? a. Cash and Notes Payable b. Cash and Accounts Receivable c. Cash and Salary Expense d. Cash and Service Revenue
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter23: Statement Of Cash Flows
Section: Chapter Questions
Problem 1CE
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Question
A cash paid for a borrowing made earlier affects which of the following accounts?
a.
Cash and Notes Payable
b.
Cash and Accounts Receivable
c.
Cash and Salary Expense
d.
Cash and Service Revenue
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