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For each of the following accounts/descriptions, indicate where in the financial statements the item wil go. If an item goes in more than one place,
For each of the following accounts/descriptions, indicate where in the financial statements the item wil go. If an item goes in more than one place, you just need to give one of the correct answers, you cannot check multiple answers. Cumulative effect on net income from change in accounting principle Income Statement-above the subtotal for Net Operating Income Income Statement-part of the Other Income (Expense) section Income Statement part of Discontinued Operations Statement of Retained Earnings-prior to Opening Balance, as adjunted Statement of Retained Earnings, after Opening Balance, as adjusted Statement of Cash Flows-Operating Activities Indirect Method) Statement of Cash Flows-Investing Activities Statement of Cash Flows-Financing Activities For each of the following accounts descriptions, indicate where in the financial statements the item wil go. If an itom goes in more than one place, you just need to give one of the correct answers, you cannot check multiple answers. Dividends paid Income Statement-above the subtotal for Net Operating Income Income Statement part of the Other Income (Expense) section Income Statement part of Discontinued Operations Statement of Retained Earnings prior to Opening Balance, as adjusted Statement of Retained Earnings, after Opening Balance, as adjusted Statement of Cash Flows-Operating Activities (Indirect Method) Statement of Cash Flows-investing Activities Statement of Cash Flows-Financing Activities For each of the fofowing counts/descriptions, indicate where in the financial statements the tem will go. If an tom goed in more than one place, you just need to give one of the correct answers, you cannot check multiple answers Increase in Accounts Payable Income Statement-above the subtotal for Net Operating Income Income Statement part of the Other Income (Expense) section Income Statement part of Discontinued Operations Statement of Retained Earnings prior to Opening Balance, as adjusted Statement of Retained Camings, after Opening Balance, as adjusted Statement of Cash Flows-Operating Activities (Indirect Method Statement of Cash Flows-Investing Activities Statement of Cash Firs For each of the following accounts/descriptions, indicate where in the financial statements the item will go. If an itern goos in more than one place you just need to give one of the correct answers, you cannot check multiple answers. Proceeds from sale of land Income Statement-above the subtotal for Net Operating Income Income Statement-part of the Other Income (Expense) section Income Statement part of Discontinued Operations Statement of Retained Earnings-prior to Opening Balance as adjusted Statement of Retained Earnings after Opening Balance, as adjusted Statement of Cash Flows-Operating Activities (Indirect Method Statement of Cash Flows-Investing Activities Statement of Cash Flows Financing Activities
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