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Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate column(s).
Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate column(s). Note: More than one column may be used. a. Paid cash to settle long-term notes payable b. Prepaid expenses increased in the year c. Issued common stock for cash d. Accounts receivable decreased in the year e. Inventory increased in the year f. Purchased equipment by issuing a note g. Accounts payable decreased in the year h. Purchased a trademark with cash i. Income taxes payable increased in the year j. Sold merchandise to customer for cash Statement of Cash Flows Noncash Investing & Not Reported on Statement Operating Investing Activities Activities Financing Financing or in Notes Activities Activities
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