Question 1 (1 point) Our company buys land for cash. This is shown on the...
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Accounting
Question 1 (1 point) Our company buys land for cash. This is shown on the statement of cash flows as cash flows from what? financing activities investing activities Onone of the other answers is correct operating activities Question 2 (1 point) Our company received cash payments from our customers. Where would this be shown on the statement of cash flows? financing activites none of the other answers is correct investing activities operating activities Question 19 (1 point) Our company buys some merchandise inventory on account. What happens in the accounting records? there is a cash outflow from investing activities O retained earnings decreases liabilities increase assets decrease
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