Question 3 Listed below are eight technical accounting terms: 1. Cash received from costumers 2. Financing activities 3 Cash equivalents 4.Operating activities Investing activities 6. Statement of cash flows 7. Income statement Each of the following statements may (or may not) describe one of these technical terms In the space provided beside each statement, indicate the accounting term the statement does not correctly describe any of the terms descrbed, or answer "None" i (a) Cash sales and collections of accounts receivable --(b) The classification of cash flows which includes issuing capital stock and paying dividends (c) The financial statement that best!ustrates the profitability of a business. (d) The section of a statement of cash flows summarizing the cash effects of most transactions entering into the determination of net income (e) An expense that reduces net cash flow but does not reduce net income. (f) The classification of cash flows that includes purchases and sales of plant assets