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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. Document Preview: 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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