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
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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
Transcribed Image Text: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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