Answered: 23. Buying goods and services are…

Business

Accounting

23. Buying goods and services are examples of operating activities in the statement of cash flows. True False O O

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

100%

please answer number 23 only

22. The account "wages payable"
would appear in the income
statement
True
O False
23. Buying goods and services
are examples of operating
activities in the statement of
cash flows.
True
False
24. The statement of cash flows
discloses significant events
related to the operating,
investing and financing activities
of a business.
True
False

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