Question: Fort Inc. prepares its cash flow statement using the direct method for operating activities. Identify the section of Fort Inc.'s cash flow statement where the

Fort Inc. prepares its cash flow statement using the direct method for operating activities. Identify the section of Fort Inc.'s cash flow statement where the results of each of the following transactions will appear. If the transaction does not appear on the cash flow statement, give the reason.
Fort Inc. prepares its cash flow statement using the direct

14,000 7,300 28,400 6,500 1,400 a. Cash 14,000 7,300 28,400 6,500 1,400 Note Payable, Long-Term b. Salary Payable Cash c. Cash Sales Revenue d. Amortization Expense Patent e. Accounts Pavable Cash

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