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The following transactions and events occurred during the year. Assuming that this company uses the direct method to report cash provided by operating activities, select

The following transactions and events occurred during the year. Assuming that this company uses the direct method to report cash provided by operating activities, select where each item would appear on the statement of cash flows.

  • 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
  • image text in transcribed
a. b. c. d. e. f. g. h. Retired long-term notes payable by issuing common stock Paid cash to acquire treasury stock Paid cash toward taxes payable Accepted six-month note receivable in exchange for plant assets Recorded depreciation expense Paid cash to acquire land Sold inventory for cash Paid cash for interest owed Collected principal on notes receivable Sold a building for cash j

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