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Explain how the following transactions fit into the activities of the statement of cash flow using the indirect method. Provide a brief description for each
Explain how the following transactions fit into the activities of the statement of cash flow using the indirect
method. Provide a brief description for each of the scenarios below, state also the in or out flow.
- Amortization of asset decommissioning obligations (ARO).
- Warranty expense accrued.
- Lease payment received by the lessor.
- Contribution made by the employer to the pension plan asset.
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