College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN: 9781337794756
Author: HEINTZ, James A.
Publisher: Cengage Learning,
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Chapter 23, Problem 2SEA

CHANGE IN CASH AND CASH EQUIVALENTS Olsen Company’s balance sheets as of December 31, 20-2 and 20-1, showed the following with regard to cash and cash equivalents:

Chapter 23, Problem 2SEA, CHANGE IN CASH AND CASH EQUIVALENTS Olsen Companys balance sheets as of December 31, 20-2 and 20-1,

Compute the amount of change in cash and cash equivalents and indicate whether it represented an increase or a decrease.

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College Accounting, Chapters 1-27

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