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I wish you great success on the e new Question 1 2 pts Under the Cash Flows from Operating Activities section on the Statement of

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I wish you great success on the e new Question 1 2 pts Under the Cash Flows from Operating Activities section on the Statement of Cash Flows, which statement will be shown immediately net income? Adjustments to reconcile net income to Cash Flows from Operating Activities Adjustments to reconcile cash to net income Adjustments to reconcile net income to the change in cash for the period Adjustments to record changes in net income from the cash basis to the accrual basis Question 2 2 pts On January 1, 2019 the Knoxville Company had a $41,000 balance in its Trading Debt Securities account. During 2019 it purchased 535.00 MacBook Pro Question 2 2 pts On January 1, 2019 the Knoxville Company had a $41,000 balance in its Trading Debt Securities account. During 2019 it purchased $35,000 of trading debt securities for cash. The company also sold trading debt securities for cash, realizing a $6,000 gain on the sale. At December 31. 2019, the Knoxville Company had a $20,000 balance in its Trading Debt Securities account. How should the Knoxville Company report the sale of its trading debt securities on its Statement of Cash Flows for the year ended December 31, 2019? As Proceeds from Sale of Trading Debt Securities in the amount $62,000 under Cash Flows from Operating Activities As Proceeds from the sale of Trading Debt Securities in the amount of $62,000 under Cash Flows from Investing Activities As Increase in Trading Debt Securities in the amount of $21,000 under Cash Flows from Operating Activities As Proceeds from the sale of Trading Debt Securities in the amount of $21,000 under Cash Flows from Operating Activities As Proceeds from Sale of Trading Debt Securities in the amount of $21,000 under Cash Flows from Investing Activities MacBook Pro

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