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Ch 12 Homework (i) Saved Exercise 12-1 (Algo) Indirect: Classifying Cash flows LO C1 1.25 points Indicate where each item would appear on a statement
Ch 12 Homework (i) Saved Exercise 12-1 (Algo) Indirect: Classifying Cash flows LO C1 1.25 points 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.) \begin{tabular}{|l|l|l|l|l|} \hline & \multicolumn{2}{|c|}{ Statement of Cash Flows } & NoncashInvesting&FinancingActivities & NotReportedonStatementorinNotes \\ \hline a. Paid cash to settle long-term notes payable & & OperatingActivities & InvestingActivities & FinancingActivities \\ \hline b. Recorded depreciation expense & & & & \\ \hline c. Issued common stock for cash & & & & \\ \hline d. Prepaid expenses increased in the year & & & & \\ \hline e. Accounts receivable decreased in the year & & & & \\ \hline f. Purchased equipment by issuing a note & & & & \\ \hline g. Inventory increased in the year & & & & \\ \hline h. Purchased a trademark with cash & & & & \\ \hline i. Accounts payable decreased in the year & & & & \\ \hline j. Income taxes payable increased in the year & & & & \\ \hline \end{tabular}
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