The comparative statements of financial positions of Savoy Company for December 31, 20A and 20B, reported the following selected amounts:
A. The total amount of office supplies purchased during 20B was $ _.
B. The total amount of rent collected during 20B was $ _.
C. In what section of the statement of cash flows would the payments for office supplies appear?
D. In what section of the statement of cash flows would the collection for rents appear?

Question

The comparative statements of financial positions of Savoy Company for December 31, 20A and 20B, reported the following selected amounts:
  A. The total amount of office supplies purchased during 20B was $ _.
B. The total amount of rent collected during 20B was $ _.
C. In what section of the statement of cash flows would the payments for office supplies appear?
D. In what section of the statement of cash flows would the collection for rents appear?

Quizplus · Accepted Answer

The Answer of The comparative statements of financial positions of Savoy Company for December 31, 20A and 20B, reported the following selected amounts:
  A. The total amount of office supplies purchased during 20B was $ _.
B. The total amount of rent collected during 20B was $ _.
C. In what section of the statement of cash flows would the payments for office supplies appear?
D. In what section of the statement of cash flows would the collection for rents appear?

The Comparative Statements of Financial Positions of Savoy Company for December