Question
You have just finished your first year in business as a chain of jewelry stores. A lot of cash has passed through the business in
You have just finished your first year in business as a chain of jewelry stores. A lot of cash has passed through the business in the last year. Its time to construct your statement of cash flows to see where all the money went. Select the correct section from the statement of cash flows for each transaction.
Cash increase from bank loan received during the year Select(Operating ActivitiesInvesting ActivitiesFinancing Activities) Cash increase from sale of storage warehouse Select(Operating ActivitiesInvesting ActivitiesFinancing Activities) Cash decrease from monthly business expenses, such as salaries and insurance Select(Operating ActivitiesInvesting ActivitiesFinancing Activities) Cash increase due to the sale of inventory to customers Select(Operating ActivitiesInvesting ActivitiesFinancing Activities) Cash increase from sale of equity in company Select(Operating ActivitiesInvesting ActivitiesFinancing Activities) Cash decrease from purchase of buildings Select(Operating ActivitiesInvesting ActivitiesFinancing Activities)
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