eBook 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 Debit Credit Date Item Debit Credit Jan 1 Balance Feb 10 Nov. 20 Purchased for cash Purchased with long-term mortgage note 277,900 373,200 182,800 460,700 833,900 Item Section of Statement of Cash Flows Added or Deducted Amount Purchase of land for cash Purchase of land by issuing long-term mortgage note 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 NO. ACCOUNT Land Date Item Debit Credit Balance Debit Credit 182,800 460,700 Jan. 1 Balance Feb. 10 Purchased for cash Purchased with long-term mortgage note 277,900 373,200 Nov. 20 833,900 Item Section of Statement of Cash Flows Added or Deducted Amount Purchase of land for cash Purchase of tand by issuing long-term mortgage note Financing activities section Investing activities section Operating activities section Separate schedule 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 Jan Balance 182,800 Feb. 10 Purchased for cash 277,900 460,700 Nov. 20 Purchased with long-term mortgage note 373,200 833,900 1 Item Section of Statement of Cash Flows Added or Deducted Amount Purchase of land for cash Purchase of land by issuing long-term mortgage note Added Deducted Report only