An Internal Service Fund of the Garden City for the risk management reported the following cash...
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An Internal Service Fund of the Garden City for the risk management reported the following cash transactions: Cash paid on the interests of long-term debts used for construction of a new building $(10,000) Cash received from interest revenues on buying stocks ..... $5,000 Cash transferred from GF to establish ISF $42,000 Cash paid on insurance claims .... $(7,000) Cash received from the sale of property and land $200,000 What is the total amount of net change in the section of cash flow from investing activities in the Statement of Cash Flows? O a. An increase of $202,000. O b. A decrease of $5,000 Oc. An increase of $205,000. O d. An increase of $5,000 An Internal Service Fund of the Garden City for the risk management reported the following cash transactions: Cash paid on the interests of long-term debts used for construction of a new building $(10,000) Cash received from interest revenues on buying stocks ..... $5,000 Cash transferred from GF to establish ISF $42,000 Cash paid on insurance claims .... $(7,000) Cash received from the sale of property and land $200,000 What is the total amount of net change in the section of cash flow from investing activities in the Statement of Cash Flows? O a. An increase of $202,000. O b. A decrease of $5,000 Oc. An increase of $205,000. O d. An increase of $5,000
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Related Book For
Essentials of Accounting for Governmental and Not for Profit Organizations
ISBN: 978-1259741012
13th edition
Authors: Paul A. Copley
Posted Date:
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