Question
the following transaction and event occurred during the year. assuming that this company uses the indirect method to report cash provided by operating activities indicate
the following transaction and event occurred during the year. assuming that this company uses the indirect method to report cash provided by operating activities indicate where each item would appear on its statement of cash flows : operating activities, investing activities, financing activities, noncash investing and financing for following
1.paid cash for operating expenses 2.issued common stock for cash 3. accounts receivable increased in the year 3. recorded depreciation expense 4. income taxes payable decreased during the year 5. sold equipment for cash, yielding a loss 6. paid cash for interest expense 7. purchased land by issuing common stock 8. purchased long term investment in bonds 9. paid cash for retirement of not payable
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