Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate column(s). (More than one column may be used.) a. Issued common stock for cash b. Received a cash dividend from investment c. Purchased treasury stock with cash d. Recorded depreciation expense e. Prepaid expenses increased in the year f. Purchased equipment by issuing a note g. Accounts receivable decreased in the year h. Purchased a trademark with cash i. Inventory increased in the year j. Accounts payable decreased in the year Statement of Cash Flows Operating Investing Activities Activities Financing Activities

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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ch item would appear on a statement of
e indirect method by placing an X in
lumn(s). (More than one column may
ash
om investment
ith cash
ense
d in the year
¡uing a note
ised in the year
1 cash
ear
d in the year
Statement of Cash Flows
Operating Investing
Financing
Activities Activities Activities
Noncash
Investing &
Financing
Activities
Not Reported
on Statement
or in Notes
Transcribed Image Text:ch item would appear on a statement of e indirect method by placing an X in lumn(s). (More than one column may ash om investment ith cash ense d in the year ¡uing a note ised in the year 1 cash ear d in the year Statement of Cash Flows Operating Investing Financing Activities Activities Activities Noncash Investing & Financing Activities Not Reported on Statement or in Notes
Indicate where each item would appear on a statement of
cash flows using the indirect method by placing an X in
the appropriate column(s). (More than one column may
be used.)
a. Issued common stock for cash
b. Received a cash dividend from investment
c. Purchased treasury stock with cash
d. Recorded depreciation expense
e. Prepaid expenses increased in the year
f. Purchased equipment by issuing a note
g. Accounts receivable decreased in the year
h. Purchased a trademark with cash
i. Inventory increased in the year
j. Accounts payable decreased in the year
Statement of Cash Flows
Operating Investing
Financing
Activities Activities Activities
Transcribed Image Text:Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate column(s). (More than one column may be used.) a. Issued common stock for cash b. Received a cash dividend from investment c. Purchased treasury stock with cash d. Recorded depreciation expense e. Prepaid expenses increased in the year f. Purchased equipment by issuing a note g. Accounts receivable decreased in the year h. Purchased a trademark with cash i. Inventory increased in the year j. Accounts payable decreased in the year Statement of Cash Flows Operating Investing Financing Activities Activities Activities
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