Question: 7} How would these items be classified in a statement of cash flows prepared for a hairdressing franchise? i) Payment of $600 for hairdressing supplies.

7} How would these items be classified in a statement of cash flows prepared for a hairdressing franchise? i) Payment of $600 for hairdressing supplies. ii) Takings from customers for the month. iii) Capital paid into the business by the owner. A) i. Operating outflow. ii. Operating inflow. iii. Investing inflow. B) i. Operating outflow. ii. Operating inflow. iii. Financing inflow. C) i. Investing outflow. ii. Operating inflow. iii. Financing inflow. D) i. Operating outow. ii. Operating inflow. iii. Does not appear in the statement of cash flows
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