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explain this questions properly For each of the following identify if the item is an inflow or outflow of cash followed by identifying classification of
explain this questions properly
For each of the following identify if the item is an inflow or outflow of cash followed by identifying classification of the activity as either operating, investing or financing. 1 Taking out a bank loan 2 Cash sales to customers 3 Purchase of a new piece of equipment 4 Issuing shares 5. Payment of wages Purchase of shares of another company Step by Step Solution
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