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Identify the section of the statement of cash flows where each of the following would be reported. 1. Increase in income taxes payable -Select-Financing activitiesOperating
Identify the section of the statement of cash flows where each of the following would be reported.
1. Increase in income taxes payable | -Select-Financing activitiesOperating activitiesInvesting activitiesSchedule of non-cash financing and investingItem 1 |
2. Dividends received on investment | -Select-Financing activitiesOperating activitiesInvesting activitiesSchedule of non-cash financing and investingItem 2 |
3. Sale of machinery held for use by the company | -Select-Financing activitiesOperating activitiesInvesting activitiesSchedule of non-cash financing and investingItem 3 |
4. Issuance of bond payable | -Select-Financing activitiesOperating activitiesInvesting activitiesSchedule of non-cash financing and investingItem 4 |
5. Purchase of the stock of another company as investment | -Select-Financing activitiesOperating activitiesInvesting activitiesSchedule of non-cash financing and investingItem 5 |
6. Decrease in inventory | -Select-Financing activitiesOperating activitiesInvesting activitiesSchedule of non-cash financing and investingItem 6 |
7. Exchange of land for note payable | -Select-Financing activitiesOperating activitiesInvesting activitiesSchedule of non-cash financing and investingItem 7 |
8. Payment of dividends to stockholders | -Select-Financing activitiesOperating activitiesInvesting activitiesSchedule of non-cash financing and investingItem 8 |
9. Increase in accounts receivable | -Select-Financing activitiesOperating activitiesInvesting activitiesSchedule of non-cash financing and investingItem 9 |
10. Loss on sale of equipment | -Select-Financing activitiesOperating activitiesInvesting activitiesSchedule of non-cash financing and investingItem 10 |
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