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Exercise 1 2 - 1 ( Algo ) Indirect: Classifying Cash flows LO C 1 Indicate where each Item would appear on a statement of
Exercise Algo Indirect: Classifying Cash flows LO C
Indicate where each Item would appear on a statement of cash flows using the Indirect method by placing an X in the appropriate columns
Note: More than one column may be used.
tableStatement of Cash Flows,tableNoncashFinancingActivitiestableNot Reportedon Statementor in NotestableOperatingActivitiestableInvestingActivitiestableFinancingActivitiesa Paid cash to settle longterm notes payableb Sold merchandise to customer for cashc Issued common stook for cashd Received a cash dividend from investmente Recorded depreciation expensef Purchased land by issuing common stookg Prepaid expenses increased in the yearh Purchased a building with cashi Accounts receivable decreased in the yearj Inventory increased in the year,,,,,
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