Indicate whether each of the following activities would be reported on the statement of cash flows as

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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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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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