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This is a 2-part question. Be sure to answer both parts!!!! Hi-Hat Inc. reported the following items in its Statement of Cash Flows presented using
This is a 2-part question. Be sure to answer both parts!!!! Hi-Hat Inc. reported the following items in its Statement of Cash Flows presented using the indirect method. Indicate which section on a Statement of Cash Flows each item would be reported in; and whether the amount would be a positive (+) or negative (-) amount on the Statement of Cash Flows. 20 points total. 1 point for correct section, 1 point for correct + or - 1. Issuance of common stock [Select] [ Select ] > 2. Sold equipment for cash Select] 8. Depreciation expense [Select] [Select ] 9. Cash from sale of building [Select] [Select] > 10. Interest paid on long-term note payable [Select] V [ Select ] >
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