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University Of Pennsylvania Operations And Supply Chain Management Assignment Help - Accounting Basics


Question - Accounting Basics for Managers Problem 1: Listed below are a number of financial
statement captions. Indicate in the spaces to the right of each caption (1) the category of each
item, and (2) the financial statement(s) on which the item can usually be found. Problem
2: At the beginning of the current fiscal year, the balance sheet of Arches Co. showed
liabilities of $380,000. During the year liabilities increased by $10,000, assets increased by
$55,000, and paid-in capital increased $20,000 to $165,000. Dividends declared and paid
during the year were $60,000.
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Accounting Basics for Managers Problem 1: Listed below are a number of financial statement
captions. Indicate in the spaces to the right of each cap ...Read More

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