Question: Indicate whether each of the following activities would be reported on the statement of cash flows as (a) an operating activity, (b) an investing activity,

Indicate whether each of the following activities would be reported on the statement of cash flows as (a) an operating activity, (b) an investing activity, or (c) a financing activity:

1. Cash received as owner’s investment

2. Cash paid for land

3. Cash received from fees earned

4. Cash paid for expenses



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