Listed here are selected aggregate transactions for ModernStyle Furniture Company from the first quarter of a recent year (dollars in millions).
Recorded collections of cash from customers owed on open account of $40.8.
Repaid $5.6 in principal on line of credit with a bank with principal payable within one year.
Complete the following table by entering the amount of the effect of each transaction. Consider each item independently.
Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). Enter negative amounts with a minus sign.
Note: there are several other posts of this same question and all were marked incorrect by the asker.
