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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). (More
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). (More than one column may be used.) Statement of Cash Flows Noncash Investing & Not Reported on Statement Operating Investing Activities Financing Financing Activities or in Notes Activities Activities a Issued bonds in return for cash b. Sold merchandise to customer for cash c. Declared and paid a cash dividend d Received a cash dividend from investment Recorded depreciation expense Retired bonds payable by issuing stock g Prepaid expenses increased in the year h. Sold land in retum for cash- X x Accounts receivable decreased in the year Inventory Increased in the year X
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