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Match Each of the Following with the Appropriate Section of the Statement

Question 249

Matching

Match each of the following with the appropriate section of the statement of cash flows

Premises:

Responses:

Borrowed money from a bank on a long-term note

Financing

Sale of used equipment

Operating

Paid utilities expenses

Investing

Paid employee wages

Dividends paid to stockholders

Purchase of land

Premises:

Borrowed money from a bank on a long-term note

Sale of used equipment

Paid utilities expenses

Paid employee wages

Dividends paid to stockholders

Purchase of land

Responses:

Financing

Operating

Investing

Correct Answer:

Premises:

Responses:

Borrowed money from a bank on a long-term note

Sale of used equipment

Paid utilities expenses

Paid employee wages

Dividends paid to stockholders

Purchase of land

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