Indicate Where Each Item Would Appear on a Statement

August 27, 2022 Education 103 Views

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Bespeak where each particular would appear on a statement of cash flows using the indirect method past placing an 10 in the appropriate column(s). (More than than one column may be used.)

Do 12-i Indirect: Greenbacks flow classification LO C1

Signal where each item would appear on a statement of cash flows using the indirect method by placing an 10 in the appropriate cavalcade(due south). (More than than ane column may be used.)

Solutions

		Argument of Cash flows			Noncash Investing & Financing Activities	Non Reported on Argument or in Notes
		Operating Activities	Investing Activities	Financing Activities	Noncash Investing & Financing Activities
a.	Declared and paid a cash dividend			X
b.	Recorded depreciation expense	X
c.	Paid cash to settle long-term annotation payable			Ten
d.	Prepaid expenses increased in the year	X
due east.	Accounts receivable decreased in the year	X
f.	Purchased land by issuing common stock				Ten
k.	Inventory increased in the yr	X
h.	Sold equipment for cash, yielding a loss	10	10
i.	Accounts payable decreased in the year	X
j.	Income taxes payable increased in the year	X

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