The cash investment of the owner in the business is an investing activity in the statement of cash flow. True False A company can report a net income and negative cash flows from operations both at the same time. True False Assets, liabilities, and owner's capital. are closed at the end of the accounting period. True False Deferrals are recorded transactions that delay the recognition of an expense or revenue. True False liability and revenue account relationship exists with an unearned rent revenue adjusting entry. True False