Match the following:
A. Obtain loan from the bank.
B. Purchase equipment.
C. Increase in salaries payable.
D. Gain on sale of land.
E. Pay dividends.
F. Sale of investments.
A. Inflow from financing activities
B. Outflow from investing activities
C. Add to net income
D. Subtract from net income
E. Outflow from financing activities
F. Inflow from investing activities
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Indicate whether the statement is true or false a. True b. False
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