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drop down is the same for each part of the section of statement of cash flows..... choices for added or deducted or non applicable Reporting
drop down is the same for each part of the section of statement of cash flows..... choices for added or deducted or non applicable
Reporting Land Acquisition for Cash and Mortgage Note on Statement of Cash Flows On the basis of the details of the following fixed asset account, indicate the items to be reported on the statement of cash flows: ACCOUNT Land ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 2014 Jan 1 Balance 286,600 444,200 Feb. 10 Purchased for cash 730,800 Nov. 20 Purchased with long-term mortgage note 591,900 1,322,700 Section of Statement of Cash Flows Item Added or Deducted Amount Select Select Purchase of land for cash Financing activities section Investing activities section Purchase of land by issuing Select Operating activities section long-term mortgage note Separate scheduleStep by Step Solution
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