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Are the following events SOURCES or USES of cash?
Decrease in Accounts Receivable
Decrease in Notes Payable
Increase in Inventory
Increase in Accounts Payable
Installment Loan payment
Solution
Are the following events SOURCES or USES of cash?Decrease in Accounts Receivable
SOURCESDecrease in Notes Payable
USESIncrease in Inventory
USESIncrease in Accounts Payable
SOURCESInstallment Loan payment
USES

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  • 1. Are the following events SOURCES or USES of cash? Decrease in Accounts Receivable Decrease in Notes Payable Increase in Inventory Increase in Accounts Payable Installment Loan payment Solution Are the following events SOURCES or USES of cash?Decrease in Accounts Receivable SOURCESDecrease in Notes Payable USESIncrease in Inventory USESIncrease in Accounts Payable SOURCESInstallment Loan payment USES