Indicate whether each of the following activities would be reported on the statement of cash flows as
Question:
(a) An operating activity
(b) An investing activity or
(c) A financing activity:
1. Cash received from fees earned.
2. Cash paid for expenses.
3. Cash paid for land.
4. Cash received from issuing capital stock.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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