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Assuming a statement of cash flows is prepared using the indirect method, indicate the reporting of the transactions and events listed below by major categories
Assuming a statement of cash flows is prepared using the indirect method, indicate the reporting of the transactions and events listed below by major categories on the statement. Use the following code letters to indicate the appropriate category under which the item would appear on the statement of cash flows. A Add to Operating activities B Deduct from Operating activities C Add to cash flows from Investing activities D Deduct from Cash flows from Investing activities E. Add to cash flows from Financing activities F. Deduct from Cash flows from Financing activities G. Not shown on the Cash Flow Statement Decrease in Accounts Receivable Choose... Dividends paid during the year. Choose... Merchandise inventory increased during the period Choose... Increase in interest receivable Choose.... Choose... Bonds Payable were acquired and retired at their carrying value Choose... Treasury stock was acquired for cash Choose... Common stock is issued for cash at an amount above par value Increase in prepaid expenses Choose... Building was purchased for cash Choose... Loss on sale of investments Choose... Land is sold for cash at an amount equal to book value Choose... Depreciation expense recorded for the period Choose... Decrease in taxes payable Choose... Increase in Dividends receivable on investments. Choose... Gain on the sale of equipment Choose... - Accounts payable decreased during the period Choose... Proceeds from the sale of investments Choose... Purchased Equipment by issuing a long term note payable. Choose
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