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Identify items of operating activity in cash flows statement

Response to the following problem:

Indicate whether each of the following activities would be reported on the statement of cash flows as

(a) An operating activity,

(b) An investing activity, or

1. Cash received from investment by stockholders

2. Cash received from fees earned

3. Cash paid for expenses

4. Cash paid for land.

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Accounting Basics: Identify items of operating activity in cash flows statement

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Accounting Basics: Identify items of operating activity in cash flows statement

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