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The following statements relate to the cash flows topic. Choose all of the statements that are true: The last line of the statement of cash
The following statements relate to the cash flows topic. Choose all of the statements that are true:
The last line of the statement of cash flows shows the opening cash balance.
The repayment of a loan by the business would be represented by an outflow of cash.
The purchase of equipment for cash would appear under investing activities.
Owners cash drawings would appear as an inflow of cash under financing activities
Operating activities would include cash received from credit customers.
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