Question: 16 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).
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.) Statement of Cash Flows Operating Investing Financing Activities Activities Activities Noncash Investing & Financing Activities Not Reported on Statement or in Notes 03:46 a Declared and paid a cash dividend Recorded depreciation experise Paid cash to settle long-term note payable d. Prepaid expenses increased in the year Accounts receivable decreased in the year Purchased and by issuing common stock 9 Inventory increased in the year h. Sold equipment for cash, yielding a loss Accounts payable decreased in the year Income taxes payable increased in the year
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