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biokam biokam
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A month ago
Classify each of the following items as a source or use of cash by placing an X in each appropriate column. Assume transactions involve cash.

​Source of CashUse of Cash
Purchase of new equipment​​
Repayment of loan payable​​
Payment by customers for accounts receivable balance​​
Issuance of common stock​​
Payment of dividends to stockholders​​
Sale of old delivery truck​​
Payment of federal income taxes​​
Receipt of interest on bank account​​
Payment for three-year insurance policy​​
Refund from major supplier for returned goods​​
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Managerial Accounting

Managerial Accounting


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12Jfiscus12Jfiscus
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A month ago
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​Source of CashUse of Cash
Purchase of new equipment​X
Repayment of loan payable​X
Payment by customers for accounts receivable balanceX​
Issuance of common stockX​
Payment of dividends to stockholders​X
Sale of old delivery truckX​
Payment of federal income taxes​X
Receipt of interest on bank accountX​
Payment for three-year insurance policy​X
Refund from major supplier for returned goodsX​
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biokam Author
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A month ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
klyn
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This calls for a celebration Person Raising Both Hands in Celebration
kaytee23
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2 hours ago
Helped a lot
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