Applied_Case_2.docx - ACCT 607 Ronny Roizin Due Applied Case#2 1a Inventories have increased for the year of 2014 1b There were more debits to increase

Applied_Case_2.docx - ACCT 607 Ronny Roizin Due Applied...

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ACCT 607 Due: January 21, 2018 Ronny Roizin Applied Case #2 1a. Inventories have increased for the year of 2014 1b. There were more debits to increase the inventory asset 2a. Prepaid expenses and other current assets have decreased in 2014 2b. There were more credits which cause the decreased of the asset 3a. Trade accounts payable have decreased in 2014 3b. There were more debits to account for the decrease in liabilities 4a. Net Sales has increased in 2014 4b. There were more credits which has increased in the overall revenue. 5a. Interest expense has decreased in 2014 5b. There were more
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