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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 & Financing Activities Not Reported on Statement or in Notes Operating Activities Investing Activities Financing Activities a. Declared and paid a cash dividend b. Recorded depreciation expense C Paid cash to settle long-term notes payable d. Prepaid expenses increased in the year e Accounts receivable decreased in the year f. Purchased land by issuing common stock g. Inventory increased in the year n. Sold equipment for cash, yielding a loss i. Accounts payable decreased in the year j. Income taxes payable increased in the year
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