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The Statement of Cash Flows comprises of three activities, which are operating activities, investing activities and financing activities. Classify the following items according to its
The Statement of Cash Flows comprises of three activities, which are operating activities, investing activities and financing activities. Classify the following items according to its respective activity in the Statement of Cash Flows. 1). Depreciation expense 2). Proceed from sales of equipment 3)Proceed from issuance of bond 4). Increase in inventory 5) Cash paid for purchasing inventory
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