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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
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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