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May 28, 2015

Homework Help: accounting

Posted by melissa on Tuesday, January 14, 2014 at 11:26pm.

What does a business owner do when the cash balance approaches zero and there are bills to be paid? (Hint: look at the financing activities of the Cash Flow Statement and then look at the Retained Earnings statement)

What does a business owner do when there is an accumulation of cash in the checking account? (Hint: look at the investing activities of the Cash Flow Statement)

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