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Distinguish between the different types of activities on astatement of cash flows. Which of the following scenarios is an operating activity? a.) Pat received $900
Distinguish between the different types of activities on astatement of cash flows.
Which of the following scenarios is an operating activity?
- a.)
- Pat received $900 in cash paid to him as an owner drawing.
- b.)
- The Shear Talentpaid the bank $750 toward the principle of the mortgage loan.
- c.)
- The Tasty Treatrecorded $2,500 in expenses last quarter.
- d.)
- The Burger Place currently has a $1,800 credit on their account with their food supplier.
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