Flow, Inc. received cash from fees earned. How does this transaction affect the Statement of Cash Flows?
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Question:
Flow, Inc. received cash from fees earned. How does this transaction affect the Statement of Cash Flows?
a. Increase cash from Operating Activities
b. Increase cash from Investing Activities
c. Increase cash from Financing Activities
d. No effect on the Statement of Cash Flows
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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