Matching
Match each of the following with the appropriate section of the statement of cash flows
Premises:
Borrowed money from a bank on a long-term note
Sale of used equipment
Paid utilities expenses
Paid employee wages
Dividends paid to stockholders
Purchase of land
Responses:
Financing
Operating
Investing
Correct Answer:
Premises:
Responses:
Borrowed money from a bank on a long-term note
Sale of used equipment
Paid utilities expenses
Paid employee wages
Dividends paid to stockholders
Purchase of land
Premises:
Borrowed money from a bank on a long-term note
Sale of used equipment
Paid utilities expenses
Paid employee wages
Dividends paid to stockholders
Purchase of land
Responses:
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