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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Related Book For
Financial & Managerial Accounting
ISBN: 978-1285868776
13th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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