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Author Question: The unadjusted, adjusted, and final trial balances are prepared during the accounting cycle of a ... (Read 80 times)

Medesa

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on: Jul 5, 2018
The unadjusted, adjusted, and final trial balances are prepared during the accounting cycle of a period.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Cash paid to purchase capital assets is reported as a cash outflow in which section of an Internal Service Fund statement of cash flows?
 
  A. Cash flows from operating activities.
  B. Cash flows from noncapital financing activities.
  C. Cash flows from capital and related financing activities.
  D. Cash flows from investing activities.


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k2629

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Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

C


Medesa

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Reply #2 on: Jul 5, 2018
Correct answers!


k2629

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Reply #3 on: Jul 5, 2018
Great! Please up vote :D


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