The company's inventory decreased, providing $440 in cash. Accounts payable also decreased using $170 in cash while notes payable increased, providing $155 in cash. Accounts receivable increased, using $185 in cash. Overall, cash increased by $240 for the company.
Decrease in inventory Source of cash $ 440 Decrease in account.pdf
1. Decrease in inventory Source of cash $ 440 Decrease in accounts payable Use of cash $
(170) Increase in notes payable Source of cash $ 155 Increase in accounys receivables Use of
cash $ (185) Cash increased by $ $ 240
Solution
Decrease in inventory Source of cash $ 440 Decrease in accounts payable Use of cash $
(170) Increase in notes payable Source of cash $ 155 Increase in accounys receivables Use of
cash $ (185) Cash increased by $ $ 240