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Problem related to indirect method
Course:- Accounting Basics
Reference No.:- EM13124324




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Garden Corporation engaged in the following transaction. Indicate where, if at all, it would be classified on the statement of cash flows. Assume the indirect method is used.

Purchased inventory with cash.

a. Operating activities section.

b. Investing activities section.

c. Financing activities section.

d. Does not represent a cash flow.




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