Statement of cash flows for Company K.

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Chapter 3.A, Problem 4SP

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To prepare: Statement of cash flows for Company K.

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. ABC company had the following transactions during the month of April 2020. They would like you, their accountant, to prepare a cash flow statement. Before preparing the statement, you first need to determine whether the items below results in a cash inflow or outflow in the statement of cash flows. Second, you are required to determine whether the transaction is an operating, investing, or financing activity by placing an √ in the appropriate columns.

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