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all coloums need an answer Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X
all coloums need an answer 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.) Statement of Cash Flow Operating Investing Financing Activities Activities Activities Noncash Investing & Financing Activities Not Reported on Statement or in Notes X X a. Paid cash to settle long-term notes payable b, Inventory increased in the year c. Issued common stock for cash d. Accounts payable decreased in the year e. Income taxes payable increased in the year 1. Retired bonds payable by issuing stock 9. Sold merchandise to customer for cash h. Sold land in return for cash Received a cash dividend from Investment 1. Recorded depreciation expense
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