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Analysis of the income statement, balance sheets, and additional information from the accounting records of Gaming Strategies reveals the following items. Indicate in which section
Analysis of the income statement, balance sheets, and additional information from the accounting records of Gaming Strategies reveals the following items. Indicate in which section of the statement of cash flows each of these items would be reported: operating activities (indirect method). investing activities, financing activities, or noncash activities. 1. Collection of notes receivable 2. Purchase of equipment. 3. Exchange of long-term assets 4. Decrease in accounts payable 5 Payment of dividends. 69 Purchase of a patent. 7. Depreciation expense. 8. Decrease in accounts receivable. 9. Issuance of note payable. 10. Increase in inventory
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