Indicate where each item would appear on a statement of cash flows using the direct method by
Question:
Indicate where each item would appear on a statement of cash flows using the direct method by placing an x in the appropriate column.
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Noncash Not Statement of Cash Flows Investing and Financing Reported on Operating Investing Financing Statement Activities Activities Activities Activities or in Notes a. Retired long-term notes payable by issuing common stock ...... b. Paid cash toward accounts payable... c. Sold inventory for cash d. Paid cash dividends..... e. Accepted note receivable in exchange for plant assets .... f. Recorded depreciation expense g. Paid cash to acquire treasury stock ... h. Collected cash from sales .... i. Borrowed cash from bank by signing a nine-year notes payable.... j. Paid cash to purchase a patent ... ||
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a Retired longterm notes payable by issuing stock b Paid ...View the full answer
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