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Which of the Following Need Not Appear on a Tax

question 27

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Which of the following need not appear on a tax invoice?


Definitions:

Dividends

Regular payments made by a corporation to its shareholders out of its profits or reserves.

Financing Activities

Transactions that result in changes in the size and composition of the equity and borrowings of an entity.

Marketable Securities

Financial instruments that are easily convertible into cash and are therefore considered very liquid.

Investing Activities

Components of cash flow statements that show the cash spent on or generated from investments in long-term assets and financial instruments.

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