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Lincoln Company Engaged in This Transaction: Received 6-Month's Rent in Advance

Question 78

Multiple Choice

Lincoln Company engaged in this transaction: Received 6-month's rent in advance from a tenant in its office building.
Indicate which section,if any,the above transaction would appear in,or relate to,on a statement of cash flows.


A) Financing activities section.
B) Schedule of noncash investing and financing transactions.
C) Operating activities section.
D) Investing activities section.

Correct Answer:

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