Dino's Italian Grille purchased $6,000 of napkins for its business.Onefourth of the bill is unpaid.Upon review of the napkins still on hand, 20% were still available.What combination of amounts would affect the income statement and statement of cash flows?

Question

Dino's Italian Grille purchased $6,000 of napkins for its business.One­fourth of the bill is unpaid.Upon review of the napkins still on hand, 20% were still available.What combination of amounts would affect the income statement and statement of cash flows?

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The Answer of Dino's Italian Grille purchased $6,000 of napkins for its business.One­fourth of the bill is unpaid.Upon review of the napkins still on hand, 20% were still available.What combination of amounts would affect the income statement and statement of cash flows?

Dino's Italian Grille Purchased $6,000 of Napkins for Its Business