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Mark Beedrill Co acquired a real estate property entirely with a loan provided by the seller. How should Beedrill report this transaction in the cash

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Mark Beedrill Co acquired a real estate property entirely with a loan provided by the seller. How should Beedrill report this transaction in the cash flow statement? O Report the real estate acquisition as a cash intiow under investing activity and the loan as a cash outlow under financing activity Ob Report this transaction under the operating activity OCDo not report the transactions in the cash-flow statement but disclose them in either a footnote or a supplement schedule 18 Previous page 19 20 21 22 Next page Finish Man Blissey Co classifies its operating expenses by nature. Which of the following is least likely to be reported on Blisseys Income statement? O a Research and Development Ob Seling, General, and Administrative Expenses CBotha and Previous page 10 20 21 22 23 Next pago Fintis attempt Man For the year ending May 31, 2019. Miltank Co. had the following details regarding its sales Total amount of sale: Credit terms: Cost of products sold: $250,000 30 days $35.000 What is the most likely net change in total assets on the balance sheet as of May 31, 2019, assuming Miltan has a penodic inventory system? SO $285.000 5215000 Previous page 20 21 22 23 24 Next page Finish atomp

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