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Listed Below Are the Reporting Classifications for a Statement of Cash

Question 10

Multiple Choice

Listed below are the reporting classifications for a statement of cash flows using the direct method for reporting operating cash flows. Match the reporting classifications with the transactions described below.
-Noncash financing and investing activity


A) Cash collection of a nontrade note receivable.
B) Cash collected on accounts receivable.
C) Issuance of a long-term note payable for cash.
D) Cash purchase of securities issued by another corporation.
E) Payment of a property dividend.

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