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2 Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate
2 Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate column(s). (More than one column may be used.) 1.42 points a. Paid cash to settle long-term notes payable b. Recorded depreciation expense c. Issued common stock for cash d. Prepaid expenses increased in the year e. Accounts receivable decreased in the year f. Purchased equipment by issuing a note g. Inventory increased in the year h. Purchased a trademark with cash i. Accounts payable decreased in the year j. Income taxes payable increased in the year Answer is not complete. Noncash Statement of Cash Flows Not Reported Investing & on Operating Investing Activities Activities Financing Activities Financing Activities Statement or in Notes X X > >
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