Indicate whether each of the following activities would be reported on the statement of cash flows as

Question:

Indicate whether each of the following activities would be reported on the statement of
cash flows as

(a) An operating activity,

(b) An investing activity, or

(c) A financing activity:
1. Cash received from fees earned.
2. Cash paid for expenses.

3. Cash paid for land.
4. Cash paid to owner for personal use.

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Financial & Managerial Accounting

ISBN: 978-1285868776

13th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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