Problem 3-9 Source and Uses of Cash (LO1) You are given the following information for Dauphin Corp.: Decrease in inventory Decrease in accounts payable Increase in notes payable Increase in accounts receivable $430 165 150 180 Did cash go up or down? By how much? (Click to select) by $ Classify each event as a source or use of cash Cash

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Problem 3-9 Source and Uses of Cash (LO1)
You are given the following information for Dauphin Corp.:
Decrease in inventory
Decrease in accounts payable
Increase in notes payable
Increase in accounts receivable
Did cash go up or down? By how much?
(Click to select) by $
Classify each event as a source or use of cash.
Cash
$430
165
150
180
Decrease in inventory is a
Decrease in accounts payable is a
Increase in notes payable is a
Increase in accounts receivable is a
(Click to select)
(Click to select)
(Click to select)
(Click to select)
V
>
Transcribed Image Text:Problem 3-9 Source and Uses of Cash (LO1) You are given the following information for Dauphin Corp.: Decrease in inventory Decrease in accounts payable Increase in notes payable Increase in accounts receivable Did cash go up or down? By how much? (Click to select) by $ Classify each event as a source or use of cash. Cash $430 165 150 180 Decrease in inventory is a Decrease in accounts payable is a Increase in notes payable is a Increase in accounts receivable is a (Click to select) (Click to select) (Click to select) (Click to select) V >
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