Question: Determine for each item below whether the transaction results in a cash inflow or outflow in the statement of cash flows using the direct method,

Determine for each item below whether the transaction results in a

Determine for each item below whether the transaction results in a cash inflow or outflow in the statement of cash flows using the direct method, and indicate whether the item is an operating, investing, or financing activity by placing an X in the appropriate columns. Transaction Inflow Outflow Operating Investing Financing A Receipt of interest B. Payment of dividends C. Purchase of building for cash > > X D. Receipt from a credit customer > > G. Payment to supplier H. Payment of taxes 1.

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