Part
A.Perform transaction analysis for Cress Company regarding the following transactions for May.Indicate an increase (+)or decrease (-)to the account in front of the amount.
Part
B.Determine whether the transactions (A)-(F)above affected cash flows.If so,determine the type of activity as an operating activity,an investing activity,or a financing activity.If cash is not affected use "no effect." Place a check mark under the appropriate column for each transaction
Correct Answer:
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