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Classify the following cash flows as either operating, investing, or financing activities assume indirect method. Classify the following cash flows as either operating, investing, or
Classify the following cash flows as either operating, investing, or financing activities assume indirect method.
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Received cash from long-term debt issuance. 2. Paid long-term debt with cash. 3. Received cash from short-term debt issuance. 4. Issued common stock for cash. 5. Paid cash for wages and salaries. 6. Received cash interest on a note. 7. Paid cash for property taxes on building. 8. Paid cash for utilities. 9. Sold stock investments for cash. 10. Received cash from sale of equipmentStep by Step Solution
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