Decreases in assets and increases in liabilities and equity represent SOURCES of cash

When you use XL Data Analyst to test a hypothesis for a percentage, the output:

A) indicates whether the hypothesis is Supported or Not Supported B) includes information allowing you to test both non-directional as well as directional hypotheses C) includes classical t values D) includes classical z values E) all of the above

Securities held by an Investment Trust Fund and carried on the books at $100,000 are sold for $110,000 . On receiving the cash from the sale, how should the Investment Trust Fund account for the $10,000 gain?

a. as a direct credit to net position of the Fund participants b. as a liability - due to Fund participants c. as an addition - net increase in fair value of investments d. as a gain - equity in investment pool