Question: Consider the following transactions: Required For each transaction, place a check mark under the statement directly affected byit. Income Statement Statement of Cash Flows Transactions

Consider the following transactions:

Required
For each transaction, place a check mark under the statement directly affected byit.

Income Statement Statement of Cash Flows Transactions Borrow funds from a bank Collect funds from a customer who previously purchased goods/services on credit Receive a cash deposit from a customer in advance of making the item ordered Pay back a portion of borrowed funds (excludes interest)

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