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Purchasing a patent would be shown as a cash inflow from investing activity in the statement of cash flow. 26. T F Selling building for
Purchasing a patent would be shown as a cash inflow from investing activity in the statement of cash flow.
26. T F Selling building for a gain would be shown as a cash outflow for investing activity in the statement of cash now. 27. T F Purchasingapatcnt would be shown as a cash inflow from investing activity in the statenEnt of cash now. 28. T F Financing activities are not part of an organization's central activities and involve either an asset or a liability account. 29. T F Paying offbonds payable would be shown as a cash outflow for financing activity in the statement of cash now. 30. T F Duringtheyear, dividends of 'Illis would be classified as an outflow for financing activity.
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