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Exercise 12-17B (Algo) Direct: Classifying cash flows LO C1, P5 Indicate where each item would appear on a statement of cash flows using the direct

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Exercise 12-17B (Algo) Direct: Classifying cash flows LO C1, P5 Indicate where each item would appear on a statement of cash flows using the direct method by selecting an x in the appropriate column Statement of Cash Flows Noncash Investing and Operating Investing Financing Financing Activities Activities Activities Activities Not Reported on Statement or in Notes Accepted not receivable in exchange for plant assets b. Sold inventory for cash Collected cash from sales d Paid cash for interestowed Purchased and by losing a note Recorded depreciation expense g Pald cash toward taxes owed in Pald cash toward was owed Paid cash to acquire treasury stock Pald cash to acquire land

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