Adjusting entries cause changes in the balance sheet and statement of cash flows. Indicate ...

Author Question: Adjusting entries cause changes in the balance sheet and statement of cash flows. Indicate ... (Read 3220 times)

Arii_bell

Hero Member
Posts: 596

on: Jul 5, 2018

Adjusting entries cause changes in the balance sheet and statement of cash flows.

Indicate whether the statement is true or false

Question 2

A source of cash from financing activities is ________.

A) issuing of a note receivable
B) collection of an account receivable
C) cash received from the sale of treasury stock
D) collection of a note receivable

Jbrasil

Sr. Member
Posts: 337

Reply #1 on: Jul 5, 2018

Answer to Question 1

FALSE

Answer to Question 2

C

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Arii_bell

Hero Member
Posts: 596

Reply #2 on: Jul 5, 2018

Correct answers!

Jbrasil

Sr. Member
Posts: 337

Reply #3 on: Jul 5, 2018

Great! Please up vote

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