Northern Corporation invested $800 cash in South Company stock. As a result of this...
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Accounting
Northern Corporation invested $ cash in South Company stock. As a result of this transaction: Multiple Choice the balance in the Cash account on Northern Corporation's books would decrease, while the balance in the Cash account on South Company's books would increase. South Company would have a cash inflow from investing activities. Northern Corporation would have a cash outflow from financing activities. All of these statements are true. 
Northern Corporation invested $ cash in South Company stock.
As a result of this transaction:
Multiple Choice
the balance in the Cash account on Northern Corporation's books would decrease, while the balance in the Cash account on South Company's books
would increase.
South Company would have a cash inflow from investing activities.
Northern Corporation would have a cash outflow from financing activities.
All of these statements are true.
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