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The indirect method is used to report cash flows from operating activities a . Loss on sale of land. b . Acquisition of equipment by

The indirect method is used to report cash flows from operating activities

.

Loss on sale of land.

.

Acquisition of equipment by issuance of notes payable.

.

Payment of long

-

term debt.

.

Acquisition of building by issuance of common stock.

.

Increase in Salaries Payable.

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