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1. Which of the following is a claims exchange transaction? .Paid interest on Issued a note to Repaid principal d. Accrued on a note payable.

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1. Which of the following is a claims exchange transaction? .Paid interest on Issued a note to Repaid principal d. Accrued on a note payable. ?. a note payable purchase equipment. on a note payable. 1 points QUESTION 16 When do the effects of product warranties appear on the statement of cash flow? 1. C C d. None of b, c. when When the warranty obligation is recognized ? a. When there is a settlement ( these. of a warranty claim made by a customer. merchandise is made 1 points QUESTION 17 Which of the following items is not classified as a current asset? 1. b. Office Equipment. d. Prepaid Rent. a, Acco u n ts Receivabler Merchandise Inventorv. C. om

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