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Help me please,( financing, operating, investing) Receipt or payment l. identify the following transactions according to the components of Statement of Cash Flows. 1. Proceeds
Help me please,( financing, operating, investing) Receipt or payment
l. identify the following transactions according to the components of Statement of Cash Flows. 1. Proceeds from sale of building. 2. Payment of principal loan to Allied Bank. Cash collection from customers. Cash sale of company assets. Collection of cash interest. Payment of income tax HF'f-"PE" Cash received from rent of building. 8. Purchase of building. 9. Payments of accounts payable. 1!]. Proceeds from sale of land. 11. Payment of bank loan. 12. Rent received from lease of business property. 13. Royalties received from sale of CD. 14. Depreciation expense. 15. Collection of accounts receivables. 15. Provision for uncollectlble accounts. 1?. Payment of rent. 13. Payments of accounts payable. 19. Collections from customers. 20. Payment of government taxesStep by Step Solution
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