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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Xavier Company had the following transactions during the current year:
•         Earned revenues of $100,000 and incurred expenses of $56,000, all in cash.
•         Purchased a truck for $20,000.
•         Sold land for $10,000.
•         Borrowed $15,000 from a local bank.
What was the total change in cash during the year?
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