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6. The statement of financial position of Cart Inc. indicates the following changes in accou balances Increase in long-term investment: Increase in common shares Decrease
6. The statement of financial position of Cart Inc. indicates the following changes in accou balances Increase in long-term investment: Increase in common shares Decrease in accounts receivable: Increase in equipment: Increase in accounts payable: Decrease in taxes payable: Increase in long-term debt: Increase in depreciation expense: Required: Next to each item above, indicate whether the above changes represents a cash inflow, cash outflow or is a non-cash activity (8 marks)
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