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choose a match for each Question 1 For each of the following items, indicate how the item should be reported in the statement of cash

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Question 1 For each of the following items, indicate how the item should be reported in the statement of cash flows, using the indirect method Prompts Submitted Answers Decrease in accounts payable during a period. Choose a match Declaration and payment of a cash dividend. Is not shown on the statement of cash flows or the accompanied notes Decrease in accounts receivable during a period. Cash outflow-financing activity Conversion of bonds payable into ordinary shares. Cash outflow-investing activity Sale of equipment for cash at book value. O Cash inflow-investing activity Issuance of preference shares for cash. Added in determining cash flow from operating activities Purchase of land for cash Significant noncash investing and financing activity Question 2 Cash inflow-financing activity Meyer Company reported net income of 95.000 for the year. Durin payable decreased by 3,000 and depreciation expense of 5,000 W year is Deducted in determining cash flow from operating activities connnn

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