QUESTION 16 In a cash flow statement, increase in notes payable a. is entered as a positive amount b. is entered as a negative amount c. is entered under operating activities d. both a and c

QUESTION 17 In a cash flow statement dividend paid a. is an operating activity b. a financing activity c. is entered as a negative amount d. both b and c

QUESTION 18 The depreciation entry a. in an income statement is cumulative b. in a balance sheet is cumulative c. in an income statement is no-cumulative d. both b and c