The income statement says that I made 15,000 net income, but I only have 949.50...
80.2K
Verified Solution
Link Copied!
Question
Accounting
The income statement says that I made 15,000 net income, but I only have 949.50 cash. I don't understand why I have so much net income and so little cash.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
