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Which one of the following events would not require a journal entry on a corporation's books?
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain capital assets. It's an important measure of financial health.
Capital Expenditures
Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment to improve long-term operations.
Indirect Method
A way of reporting cash flows from operating activities in the cash flow statement by starting with net income and adjusting for non-cash transactions.
Accounts Receivable
Outstanding payments due to a company from its customers for delivered goods or services.
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