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Latron Williams
on Dec 02, 2024

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Activities that involve the production or purchase of merchandise and the sale of goods or services to customers,including expenditures related to administering the business.

A) Financing activities
B) Investing activities
C) Statement of cash flows
D) Indirect method
E) Direct method
F) Operating activities

Purchase of Merchandise

The acquisition of goods for resale, typically recorded as an inventory asset until the goods are sold.

Operating Activities

Refers to the primary activities that constitute the main revenue-producing activities of an organization, such as sales of goods or services.

  • Recognize Operating Activities and their relevance to cash flow.
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MC
Mailee CertezaDec 07, 2024
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