Examination of Archer corporations balance sheet at both the beginning and end of the period...
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Accounting
Examination of Archer corporations balance sheet at both the beginning and end of the period revealed the amounts that the accounts below changed during the period. Accounts Receivable Increased by $150,000 Accounts Payable Decreased by $50,000 What was the net impact on the cash account during this period from the changes in account balance observed above?
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Cash increase = $200,000
No change in cash
Cash decrease = $200,000
Cash Increase = $100,000
Cash decrease = $100,000
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