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A company issues $50,000 of their common stock accepting cash. this transaction would be classified on the statement of cash flow's as (assume The indirect
A company issues $50,000 of their common stock accepting cash. this transaction would be classified on the statement of cash flow's as (assume The indirect method is being used)
O Cash Inflow in the Financing activities section This is not a cash flow and therefore should not be included within the body of the Statement of Cash Flows O Cash Outflow in the Operating activities section O Cash Inflow in the Operating activities section Cash Inflow in the Investing activities section Cash Outflow in the Investing activities section Cash Outflow in the Financing activities Step by Step Solution
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