Question
Match each transaction to the section of the Statement of Cash Flow for the Green Gables Inn. Indicate where each item should be reflected.
Match each transaction to the section of the Statement of Cash Flow for the Green Gables Inn. Indicate where each item should be reflected. Then indicate if that item would be reflected as an addition or deduction in that section fo the statement. ITEM a) Accounts Receivable Increased b) Dividends Paid c) Obtained a $100,000 loan from the bank d) Accounts Payable Increased e) Gain on the sale of equipment f) Received $10,000 for selling old equipment g) Sold Common Stock for $50,0000 h) Purchased Common Stock in Apple Computers i) Decrease in Inventory j) Depreciation Expense SECTION INCREASE/DECREASE Try Again Try Again Try Again Try Again Try Again Try Again Try Again Try Again Try Again Try Again
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