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of cash flows-indirect E16-17 Classifying transactions on the statement of cash flow method Consider the following transactions: Credit Accounts and Explanation Date Debit 72,000 Cash

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of cash flows-indirect E16-17 Classifying transactions on the statement of cash flow method Consider the following transactions: Credit Accounts and Explanation Date Debit 72,000 Cash 72,000 16,500 16,500 88,000 88,000 103,000 103,000 6,800 6,800 19,500 19,500 Common Stock Treasury Stock Cash Cash Sales Revenue Land Cash Depreciation Expense-Equipment Accumulated Depreciation Equipment Dividends Payable Cash Land Notes Payable Cash Equipment Bonds Payable Cash Building Notes Payable Loss on Disposal of Equipment Accumulated Depreciation Equipment Equipment 22,000 22,000 9,600 9,600 51,000 51,000 137,000 137,000 k. 1,800 200 2,000 Identify the category of the statement of cash flows, indirect method, transaction would be reported. ct method, in which each

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