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How Would These Items Be Classified in a Statement of Cash

question 65

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How would these items be classified in a statement of cash flows prepared for a hairdressing franchise? i. Payment of $600 for hairdressing supplies.
ii. Takings from customers for the month.
iii. Capital paid into the business by the owner


Definitions:

Financial and Real Assets

Financial assets refer to assets like stocks and bonds, while real assets refer to physical assets such as land, buildings, and machinery.

Shift Right

In economics, a term used to describe the movement of a supply or demand curve to the right, indicating an increase in supply or demand.

Decreases in Value

A reduction in the worth or price of an asset or commodity.

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