Like any financial statement the heading is made up of three lines. The accounting equation is also called the basic accounting equation or. The accounting equation is a representation of how these three important components are associated with each other. The changes include the earned profits dividends inflow of equity withdrawal of equity net loss […]

Cash collected from customers 340000. Cash flows during the first year of operations for the Harman-Kardon Consulting Company were as follows. Cash paid to employees for services rendered during the year 111000. Cash paid for utilities 41000. Cash paid to employees for services rendered during the year 111000. Cash paid to employees for services rendered […]

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