Question: Drop down menu Financing Activity Investing Activity Operating activity- add to net income Operating activity- deduct from net income Reported as significant non-cash activity The

Drop down menu Financing Activity Investing Activity Operating activity- add to net

Drop down menu

Financing Activity
Investing Activity
Operating activity- add to net income
Operating activity- deduct from net income
Reported as significant non-cash activity

The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income. 2. Operating activity-deduct from net income. 3. Investing activity. 4. Financing activity. 5. Reported as significant noncash activity. The transactions are as follows. The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income. 2. Operating activity-deduct from net income. 3. Investing activity. 4. Financing activity. 5. Reported as significant noncash activity. The transactions are as follows

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