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Exercise 12-1 Indirect: Cash flow classification LO C1 The following transactions and events occurred during the year. Assuming that this company uses the indirect method
Exercise 12-1 Indirect: Cash flow classification LO C1 The following transactions and events occurred during the year. Assuming that this company uses the indirect method to report cash provided by operating activities, select where each item would appear on its statement of cash flows. points (8 02-15:00 a. b. C. d. e eBook Noncash investing and financing activities Statement of cash flows - financing activities Statement of cash flows-operating activities Statement of cash flows-operating activities Retired bonds payable by issuing stock Purchased land by issuing common stock Paid cash to settle long-term note payable Prepaid expenses increased in the year Income taxes payable increased in the year Received a cash dividend from investments Sold merchandise to customer for cash Declared and paid a cash dividend Purchased equipment by issuing a note Recorded depreciation expense Print g. h. Statement of cash flows - financing activities References j. Statement of cash flows - operating activities
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