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Each of the items below must be considered in preparing a statement of cash flows for Baskerville Co. for the year ended December 31, 2020.
Each of the items below must be considered in preparing a statement of cash flows for Baskerville Co. for the year ended December 31, 2020. For each item, state how it should be shown in the statement of cash flows for 2020 if the indirect method is used. (a) Issued bonds for $200,000 cash. (b) Purchased equipment for $150,000 cash c) Sold land costing $20,000 for $20,000 cash (d) Declared and paid a $50,000 cash dividend. Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSW I need correct labels the choices for matching are as follows Cash outflow from operating activity Cash outflow from investing activity Cash outflow from finance activity Cash inflow from operating activity Cash inflow from investing activity Cash inflow from finance activity
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