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1.In a statement of cash flows, a change in an income taxes payable account would be recorded in the: an operating activity. a financing activity.
1.In a statement of cash flows, a change in an income taxes payable account would be recorded in the:
an operating activity.
a financing activity.
an investing activity.
2.In a statement of cash flows, the sale of a long-term investment would ordinarily be classified as:
an operating activity.
a financing activity.
an investing activity.
a lending activity.
a lending activity.
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