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n1 list Data table A company uses the indirect method to prepare the statement of cash flows. Review the following transactions: (Click the icon to
n1 list Data table A company uses the indirect method to prepare the statement of cash flows. Review the following transactions: (Click the icon to view the transactions.) Requirement 1. Indicate whether each of the transactions affects an operating activity, an investing activity, a financing activity, or a noncash investing and financing activity. a. Equipment 28,000 h. Dividends Payable 25,000 Cash 28,000 Cash 25,000 b. Bonds Payable 70,000 1. Treasury Stock 12,000 Cash 70,000 Cash 12,000 C. Cash 110,000 Land 123,000 Common Stock 17,000 Cash 123,000 Paid-in Capital in Excess of Par 93,000 k. Cash 74,000 d. Depreciation Expense 16000 Accounts Receivable 13,000 Accumulated Depreciation 16,000 Service Revenue 87,000 0. Loss on Disposal of Equipment 2,000 L Salary Expense 36,000 Equipment, Net 2,000 Cash 36,000 f. Building 235,000 m. Furniture and Fixtures 36,000 Note Payable, Long-Term 235,000 Cash 36,000 9. Cash 10,000 o Long-Term Investment 10,000 X
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