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The statement of financial position of Kory Inc. indicates the following changes in account balances: Increase in long-term investment: Increase in common shares: Decrease in
The statement of financial position of Kory Inc. indicates the following changes in account
balances:
Increase in long-term investment:
Increase in common shares:
Decrease in accounts receivable:
Increase in equipment:
Increase in accounts payable:
Decrease in taxes payable:
Increase in long-term debt:
Increase in depreciation expense:
Increase in inventory:
Retirement of debt by issuing shares:
Increase in unearned revenue:
Required:
Next to each item above, indicate whether the above changes represent a cash inflow, cash outflow, or noncash
activity (
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