How would these items be classified in a statement of cash flows prepared for a hairdressing...
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How would these items be classified in a statement of cash flows prepared for a hairdressing franchise? Payment of $3000 for rent. i) ii) Repayment of the debt. iii) Capital paid into the business by the owner. OL ii. Operating inflow. iii. Does not appear in the statement of cash flows. Operating outflow. Investing outflow. ii. Operating inflow. iii. Financing inflow. OL Operating outflow. ii. Operating inflow. iii. Financing inflow. Oi. Operating outflow. ii. Financing inflow. iii. Financing inflow. How would these items be classified in a statement of cash flows prepared for a hairdressing franchise? Payment of $3000 for rent. i) ii) Repayment of the debt. iii) Capital paid into the business by the owner. OL ii. Operating inflow. iii. Does not appear in the statement of cash flows. Operating outflow. Investing outflow. ii. Operating inflow. iii. Financing inflow. OL Operating outflow. ii. Operating inflow. iii. Financing inflow. Oi. Operating outflow. ii. Financing inflow. iii. Financing inflow.
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The items would be classified as follows 1 Payment of 3000 for rent Operating out flow 2 Rep ay m... View the full answer
Related Book For
Advanced Accounting
ISBN: 9780132568968
11th Edition
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
Posted Date:
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