Classify each of the following as either operating, investing or financing cash flows. (i). Payment of wages
Question:
Classify each of the following as either operating, investing or financing cash flows.
(i). Payment of wages
(ii). Dividends paid
(iii). Issue of shares
(iv). Dividends received
(v). Cash sales
(vi). Proceeds from the sale of equipment
(vii). Borrowing from the bank
(viii). Repayment of a loan.
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i Operating cash flow ii Financing ca...View the full answer
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Related Book For
Financial Accounting An Integrated Approach
ISBN: 9780170411028
7th Edition
Authors: Ken Trotman, Elizabeth Carson
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