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Options are: Noncash investing and financing activities Not reported on statement or in notes Statement of cash flows - financing activities Statement of cash flows
Options are:
Noncash investing and financing activities
Not reported on statement or in notes
Statement of cash flows - financing activities
Statement of cash flows - investing activities
Statement of cash flows - operating activities
The following transactions and events occurred during the year. Assuming that this company uses the indirect method to report cash provided by operating activities, select where each item would appear on its statement of cash flows. a. Prepaid expenses increased in the year b. Purchased a building with cash c. Sold land in return for cash d. Accounts receivable decreased in the year e. Purchased land by issuing common stock f. Accounts payable decreased in the year g. Declared and paid a cash dividend h. Sold merchandise to customer for cash Sold equipment for cash, yielding a loss j. Purchased equipment by issuing a
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