Question: Classification of Items on the Statement of Cash Flows Classify each of the following items according to the section on the statement of cash flows
Classification of Items on the Statement of Cash Flows Classify each of the following items according to the section on the statement of cash flows in which it should appear: operating (O), investing (I), or financing (F):
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Item Section Example: Cash paid for insurance 1. Cash paid for land 2. Cash received from issuance of note 3. Cash paid for dividends 4. Cash received from issuance of 5. Cash collected from customers 6. Cash paid for income taxes capital stock
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Item Section 1 Cash paid for land I 2 Cash ... View full answer
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