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Classification of Cash Flows Patel Enterprise documented the following things in its statement of cash flows presented using the indirect technique. a. Issuance of common stock b. Cash paid for curiosity c. Offered devices for cash d. Receipt of cash dividend on expense e. Repayment of principal on extended-phrase credit card debt f. Loss on disposal of equipment. Required: Show no matter whether Each individual product need to be categorised as a cash flow from functioning actions, a cash flow from investing activities, a cash circulation from financing actions.
Your banking account info, such as the routing range and account amount Please borrow responsibly and provided that you can spend the money back.
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A: Accounts receivables are These shopper accounts to whom credit rating profits has actually been produced in enterprise, but…
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Any time you accept the stipulations for just a mortgage, you enter into commitment to repay the get more info amount you owe based on the specific plan outlined during the documents. Inside the function of non-payment, supplemental costs could possibly be used.
79cash.Internet is not really a lender. Therefore, we're not linked to any personal debt selection practices and cannot make you conscious of any of them.