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The statement of cash flows classifies all cash inflows and outflows into one of three categories: Operating activities, Investing activities, Financing activities In addition, certain
The statement of cash flows classifies all cash inflows and outflows into one of three categories: Operating activities, Investing activities, Financing activities In addition, certain transactions that do not involve cash are reported in the statement as noncash investing and financing activities. a. Operating activities b. Investing activities c. Financing activities d. Noncash investing and financing activities |
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For each of the following transactions, select the appropriate classification category. |
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