Transactions that affect net income do not necessarily affect cash. Identify the effect, if any,...

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Accounting

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Transactions that affect net income do not necessarily affect cash. Identify the effect, if any, that each of the following transactions would have upon cash and net income. The first transaction has been completed as an example. (if an amount reduces the occount balance then enter with negative sign preceding the number eg, 15,000 or parentheses eg. (15,000)

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