Balance sheet items-cash-accounts receivable-inventory

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Reference no: EM131559598

A firm fully repays a $15,000 loan from a bank. the loan would have matured in 10 years. the firm used its existing cash to repay the loan.

What is the change in the following balance sheet items: Cash, Accounts Receivable, Inventory, PPE, Total Assets, Accounts Payable, Notes Payable, Long-term Debt, Total Liabilities, and Total Shareholder Equity? you do not need to include in your answer the items for which there is no change.

Reference no: EM131559598

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