99.How do the issuance of a note payable, accrual of interest, and repayment of the note's principal and interest affect a company's Statement of Cash Flows? 100.What accounting principle requires...





99.How do the issuance of a note payable, accrual of interest, and repayment of the note's principal and interest affect a company's Statement of Cash Flows?






100.What accounting principle requires a company to accrue interest expense on a note payable?






101.Why does the recording of a taxable sale increase a company's liabilities?






102.Under what conditions should a pending lawsuit be recognized in a company's financial statements? Under what conditions should the lawsuit be disclosed in the footnotes?






103.When a warranty repair job is completed, what is the effect on the accounting equation?










May 15, 2022
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