New shareholder in exchange for stock

Reference no: EM133659563

Question: Classify each of the following types of transactions according to where they affect cash flows on a statement of cash flows. --Choose operating, financing, or investing. You may use these more than once or not at all. The business is a mobile food vendor. Each transaction below occurred during March. This content is copyrighted Group of answer choices The business pays $400 to an employee for wages earned in March. Operating The business receives $500 cash for food sales at an event in March. Operating The business pays $800 for food supplies. Operating The business sells an old vehicle for $4,000 cash. Investing The business receives $40,000 from a new shareholder in exchange for stock.

Reference no: EM133659563

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New shareholder in exchange for stock : The business sells an old vehicle for $4,000 cash. Investing The business receives $40,000 from a new shareholder in exchange for stock

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