5. Temporary accounts would not include:  Select one: a. Depreciation expense. b. Salaries payable. c. Cost of goods sold. d. Supplies expense.   6. Operating cash outflows would include: Select one: a. Purchases of inventory b. Purchase of equipment. c. Purchase of investments. d.  Repayment of bank loan

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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QB) Choose the correct answer:

5.

Temporary accounts would not include: 

Select one:

a. Depreciation expense.
b. Salaries payable.
c. Cost of goods sold.
d. Supplies expense.
 
6. Operating cash outflows would include:

Select one:

a. Purchases of inventory
b. Purchase of equipment.
c. Purchase of investments.
d.  Repayment of bank loan.
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