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For each transaction listed below, select the appropriate category from the attached list which describes the effect of the transaction on the statement of cash
For each transaction listed below, select the appropriate category from the attached list which describes the effect of the transaction on the statement of cash flows using the indirect method. 1. Payment on long term debt. 2. Issuance of bonds at a premium. 3. Decrease in balance of accounts receivable. 4. Cash dividends declared. 5. Issuance of stock to acquire land. 6. Sale of available for sale securities (long term). 7. Increase in wages payable. 8. Issuance of common stock for cash. 9. Decrease in income taxes payable. 10. Purchase of equipment by issuing long term notes payable. 11. Purchase of treasury stock (common). 12. Sale of real estate held as a long term investment A. Cash flows from operating activities, added back to net income. B. Cash flows from operating activities, deducted from net income. c. Cash flows from investing activities. D. Cash flows from financing activities. E. Noncash investing and financing activities. F. Does not affect statement of cash flows
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