Categorize the following as source or use of funds. Also classify them under operating, investing and financing activities sections of cashflow statement (indirect method) a. Selling a piece of land b. Dividend paid c. payment of some accrued taxes d. reducing inventory level e. Depreciation charges f. Sale of government bonds
Categorize the following as source or use of funds. Also classify them under operating, investing and financing activities sections of cashflow statement (indirect method) a. Selling a piece of land b. Dividend paid c. payment of some accrued taxes d. reducing inventory level e. Depreciation charges f. Sale of government bonds
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter7: Receivables And Investments
Section: Chapter Questions
Problem 7.19MCE
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Categorize the following as source or use of funds. Also classify them under operating,
investing and financing activities sections of cashflow statement (indirect method)
a. Selling a piece of land b. Dividend paid c. payment of some accrued taxes
d. reducing inventory level e.
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