Complete each of the columns on the table below,indicating in which section each item would be reported on the statement of cash flow (Operating,Investing,or Financing),the amount that would be reported,and whether the item would create an increase or decrease in cash.For item that affect more than one section of the statement,indicate all affected.Assume the indirect method of reporting cash flows operating activities.
The first item has been completed as an example.
Definitions:
Ordinary Course
Actions that are considered normal or customary within the daily operations of a business or individual's affairs.
Partnership Liability
The legal obligation or debts that partners in a business venture are responsible for, which can be shared or limited depending on the type of partnership.
Landscape Gardeners
Professionals skilled in planning, designing, and maintaining outdoor and garden spaces to enhance aesthetic appeal and functionality.
Green Grow Landscaping
A business specializing in designing, implementing, and maintaining gardens and outdoor spaces.
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