Indicate where each item would appear on a statement of cash flows using the indirect method...
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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 than one column may be used.) a. Issued common stock for cash b. Accounts payable decreased in the year c. Purchased treasury stock with cash d. Income taxes payable increased in the year e. Sold merchandise to customer for cash f. Purchased land by issuing common stock g. Received a cash dividend from investment h. Purchased a building with cash i. Recorded depreciation expense j. Prepaid expenses increased in the year Statement of Cash Flows Operating Activities Investing Activities Financing Activities 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.) a. Issued common stock for cash b. Accounts payable decreased in the year c. Purchased treasury stock with cash d. Income taxes payable increased in the year e. Sold merchandise to customer for cash f. Purchased land by issuing common stock g. Received a cash dividend from investment h. Purchased a building with cash i. Recorded depreciation expense j. Prepaid expenses increased in the year Statement of Cash Flows Operating Activities Investing Activities Financing Activities
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