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E11-16A. (Learning Objectives 2, 3: Distinguish among operating, investing, and financing activities for the statement of cash flows-indirect method) A company uses the indirect method
E11-16A. (Learning Objectives 2, 3: Distinguish among operating, investing, and financing activities for the statement of cash flows-indirect method) A company uses the indirect method to prepare the statement of cash flows. Indicate whether each of the following transac- tions affects an operating activity, an investing activity, a financing activity, or a noncash invest- ing and financing activity LO2,3 A1 1 a. Cash 61,000 11,000 18,000 52,000 Common Stock I-10000 Cash Furniture and Fixtures 11,000 Paid-in Capital in Excess of Par Cash Long-Term Investment Note Payable- Long-Term Cash Accumulated Depreciation Cash 51,000 13,000 Dividends Payable 13,000 Cash 6 C. Cash Accounts Receivable 11,000 000 1000 105,000 Service Revenue Cash Equipment, Net Cash 63,000 14,000 k-Salary Expense 1-1 Loss on Disposal of Equipment m. Bonds Payable Building 12000 | 10 e Treasury Stock 1,000, 12,000 12 Depreciation Expense 13 14 Land 15 16 5,000 35,000 35,000 150005000
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