Which of the following is included under the financing activities in O Payment of salaries to employees O Proceeds from sale of equipment O Purchase of new office computers O Withdrowal och modo bu th

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following is included under the financing activities in the statement of cash flows?
O Payment of salaries to employees
O Proceeds from sale of equipment
Purchase of new office computers
O Withdrawal of cash made by the owner
Transcribed Image Text:Which of the following is included under the financing activities in the statement of cash flows? O Payment of salaries to employees O Proceeds from sale of equipment Purchase of new office computers O Withdrawal of cash made by the owner
Which of the following transactions decreases liabilities?
O Payment of notes payable
O Collection of account with customer
O Acquisition of property on credit
O Cash purchases of merchandise
Transcribed Image Text:Which of the following transactions decreases liabilities? O Payment of notes payable O Collection of account with customer O Acquisition of property on credit O Cash purchases of merchandise
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