Cash, Inventory , and Accounts Receivable are reported on the      Income statement below Sales and Cost of Goods Sold     Balance sheet under fixed  or intangible assets      $792,000.     Balance sheet under current assets      Income statement above net income

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 6EA: Use the following information from Birch Companys balance sheets to determine net cash flows from...
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Cash, Inventory , and Accounts Receivable are reported on the 

   

Income statement below Sales and Cost of Goods Sold

   

Balance sheet under fixed  or intangible assets 

   

$792,000.

   

Balance sheet under current assets 

   

Income statement above net income 

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