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The questions are listed below. Indicate where each item would appear on a statement of cash flows using the direct method by selecting an x
The questions are listed below.
Indicate where each item would appear on a statement of cash flows using the direct method by selecting an x in the appropriate column. Retired longtenrl notes payable by issuing common stock Paid cash toward accounts payable Sold inventory for cash Paid cash dividends Accepted note receivable in exchange for plant assets Recorded depreciation expense Paid cash to acquire treasury stock ale-ceases\" Collected cash from sales Bomowed cash from bank by signing a ninemonth note payable Paid cash to purchase a patent ._Step by Step Solution
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