Indicate where the event purchased land and a building with a mortgage would appear, if at all, on the indirect statement of cash flows. Select one: a. Investing activities section O b. Does not represent a cash flow c Financing activities section O d.Operating activities section

Indicate where the event purchased land and a building with a mortgage would appear, if at all, on the indirect statement of cash flows. Select one: a. Investing activities section O b. Does not represent a cash flow c Financing activities section O d.Operating activities section

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter23: Statement Of Cash Flows

Section: Chapter Questions

Problem 5MC

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Question

Indicate where the event purchased land and a building with a mortgage would appear, if at all, on the
indirect statement of cash flows.
Select one:
a. Investing activities section
O b. Does not represent a cash flow
c Financing activities section
O d.Operating activities section

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