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following items Required: Select the section of the statement of cash flows in which each of these items would be reported operating activities (indirect method),
following items Required: Select the section of the statement of cash flows in which each of these items would be reported operating activities (indirect method), investing activities, financing activities, or a separate noncash activities note Book Activities print erences Items 1. Purchase of a patent 2 Depreciation expense 3 Decrease in accounts receivable 4 Issuance of a note payable 5 Increase in inventory 6 Collection of notes receivable 7 Purchase of equipment 8 Exchange of long term assets 9 Decrease in accounts payable 10. Payment of dividends WI-FI, Inc., has the following selected transactions during the year Required: Select the section of the statement of cash flows in which each of these items would be reported operating activities (indirect method), investing activities, financing activities, or a separate noncash activities note Transactions Activities 1 Issues $20 million in bonds 2 Purchases equipment for $80,000 3 Pays a $20,000 account payable 4 Collects a $15,000 account receivable 5 Exchanges and for a new patent Both are valued at $300,000 6 Declares and pays a cash dividend of $100,000 7 Loans $50,000 to a customer accepting a note receivable 8. Pays $75.000 to suppliers for inventory Inces
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