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Accounting 211 > Chapter 5: Balance Sheet > Flashcards

Chapter 5: Balance Sheet Flashcards

1
Q

Operating Activities

A

Involve the cash effects of transactions that enter the determination of net income

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2
Q

Investing Activities

A

Include making and collecting loans and acquiring and disposing of investments and property, plant, and equipment

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3
Q

Financing Activities

A

Involve liability and owners’ equity items.

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Accounting 211 (3 decks)

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