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one hundred twenty.Cash investments created by the owner to your organization are reported over the statement of cashflows in thea.funding activities sectionb.investing functions sectionc.working functions sectiond.supplemental statement
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d.statement of retained earningsANSWER:BThe property portion in the balance sheet normally offers assets inC
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Talk about inside and exterior users of accounting data.What parts of accounting providethem withinformation?Give an example of the type of report Every single variety of user may well use.
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Supplied the following data:Compute the ratio of liabilities to operator’s fairness for yearly.Spherical to two decimal places.
a.money statementb.stability sheetc.assertion of cash flowsd.assertion of retained earningsANSWER:AIf an owner planned to know the way funds flowed into and outside of the organization, which financialstatement would theowner use?