Explain the effect (if any) which each of the following transactions will have on a company's operating
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Explain the effect (if any) which each of the following transactions will have on a company's operating profit and on its cash flows.
(a) purchase of a fixed asset and depreciating that asset over its useful life
(b) paying a supplier's invoice
(c) accounting for accrued rent at the end of an accounting period
(d) investing spare cash in a bank deposit account (repayable on demand).
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