Help me please MC Qu. 189 Using the T-account approach: Using the T-account appr

Question

Help me please MC Qu. 189 Using the T-account approach: Using the T-account approach: O Net income appears on the debit side of the Cash account under operating activities. O Payment of long-term debt appears on the debit side of the Cash account under financing activities. O Payment of long-term debt appears on the debit side of the Cash account under f O Purchase of equipment appears on the credit side of the Cash account under operating activities. O An increase in Accounts Receivable appears on the debit side of the Cash account under operating activities O An ncrease in Accounts Recevable appears on the de

Explanation / Answer

net income appears on the debit side of the cash account under operating activities

Inflows from financing activities

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