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  3. a company reported the following information: in 2

A company reported the following information: In 2020: Accounts receivable of $35, Inventory of $500,...

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Accounting

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A company reported the following information: In 2020: Accounts receivable of $35, Inventory of $500, Accounts payable of $200 In 2019: Accounts receivable of $25, Inventory of \$450, Accounts payable of $180 What is the cash flow effect shown in the operating section of the statement of cash flows? Write the word "Increase" or "decrease" A What is the cash flow effect shown in the operating section of the statement of cash flows? What is the amount (no dollar sign) Question 6 (2 points) If a $1,000, one year 8% bond is sold for $990, what is included in the journal entry to record thelbond issuance? A credit to Bond Discount for $10 A debit to Cash for $1,000 A credit to Bond Payable for $990 A debit to Bond Discount for $10

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