Here is an image of my current problem An analysis of comparative balance sheets

Question

Here is an image of my current problem

An analysis of comparative balance sheets, the current year's income statement, and the general ledger accounts of Gagliano Corp. uncovered the following items. Assume all items involve cash unless there is information to the contrary. Instructions Indicate how each item should be classified in the statement of cash flows using these four major classifications: operating activity (indirect method), investing activity, financing activity, and significant noncash investing and financing activity.

Explanation / Answer

A

Financing Activity

B

Investing

C

Investing

D

Financing

E

Non cash

F

Investing

G

Investing

H

Financing

I

Non cash

J

Financing

K

Investing

L

Non cash

M

Operating

N

Financing

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A

Financing Activity

B

Investing

C

Investing

D

Financing

E

Non cash

F

Investing

G

Investing

H

Financing

I

Non cash

J

Financing

K

Investing

L

Non cash

M

Operating

N

Financing

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