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Ch 12 Homework i 1 25 points Exercise 12-1 (Algo) Indirect: Classifying Cash flows LO C1 Indicate where each item would appear on a
Ch 12 Homework i 1 25 points Exercise 12-1 (Algo) Indirect: Classifying Cash flows LO C1 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). Note: More than one column may be used. eBook Print a. Issued common stock for cash References b. Accounts payable decreased in the year c. Purchased treasury stock with cash d. Income taxes payable increased in the year e. Sold merchandise to customer for cash f. Purchased land by issuing common stock g. Received a cash dividend from investment h. Purchased a building with cash i. Recorded depreciation expense j. Prepaid expenses increased in the year Statement of Cash Flows Noncash Investing & Not Reported on Statement Operating Activities Investing Activities Financing Activities Financing Activities or in Notes
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