Question: 2.00 points Exercise 11-4 Determine proper classification (LO11-1) Wi-Fi, Inc., has the following selected transactions during the year. Required: Select the section of the statement
2.00 points Exercise 11-4 Determine proper classification (LO11-1) Wi-Fi, Inc., has the following selected transactions during the year. Required: Select the section of the statement of cash flows in which each of these items would be reported: operating activities (indire activities note. Activities 1. Issues $20 million in bonds. 2 Purchases equipment for $80,000 3. Pays a $20,000 account payable 4 Collects a $15,000 account receivable 5. Exchanges land for a new patent. Both are valued at $300,000 6 Declares and pays a cash dividend of $100,000. 7. Loans $50,000 to a customer, accepting a note receivable 8. Pays $75,000 to suppliers for invento Type here to search 410
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