As a means of gaining a greater return on its cash balance, Bucek Company transferred $ 20,000

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As a means of gaining a greater return on its cash balance, Bucek Company transferred $ 20,000 from its checking account to a money market account, purchased an $ 11,000 three-month U. S. Treasury bill, and bought $ 13,000 of another company’s stock. How will each of these transactions affect the statement of cash flows?

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College Accounting

ISBN: 978-1111528126

11th edition

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

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