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    loverienne Posts: 1, Reputation: 1
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    Sep 24, 2016, 08:39 PM
    Effect on net income or cash flow
    Hi I'm so confused on how to figure these things out.
    If I sold a unit of inventory for $600 on account which had cost $300 and was already part of inventory prior to this sale, how does this effect net income or cash flow?

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