Question: Indicate if each transaction and event is (1) a source of cash, (2) a use of cash, and/or (3) an adjustment leading to a source

Indicate if each transaction and event is (1) a source of cash, (2) a use of cash, and/or (3) an adjustment leading to a source or use of cash (assume an indirect format). List also its placement in the statement of cash flows: operations (O), financing (F), investing (I), noncash significant (NCS), noncash nonsignificant (NCN), or no effect(NE).

Category in Statement of Cash Flows Transaction or Event Source UsAdjustment Cash dividend received a. Increase in accounts receivable. b. Pay bank note. c. Issue common stock. d. Sell marketable securities e. Retire bonds. f. Declare stock dividend. g. Purchase equipment. h. Covert bonds to preferred stock. . Pay dividend. j. Increase in accounts payable

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Source Use Adjustment Category a X X O b X F c X F d X I e X F f NCN g X I ... View full answer

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