Question: Exercise 1 2 - 1 ( Algo ) Indirect: Classifying Cash flows LO C 1 Indicate where each item would appear on a statement of
Exercise Algo Indirect: Classifying Cash flows LO C
Indicate where each item would appear on a statement of cash flows using the indirect method by placing an in the appropriate columns
Note: More than one column may be used.
tableStatement of Cash Flows,tableNoncashInvesting andFinancingActivitiestableNot Reportedon Statementor in NotestableOperatingActivitiestableInvestingActivitiestableFinancingActivitiesa Purchased treasury stock with cashb Inventory increased in the year,c Issued bonds in return for cashd Accounts payable decreased in the yeare Income taxes payable increased in the yearf Purchased land by issuing common stockg Sold merchandise to customer for cash,h Purchased a building with cash,,i Received a cash dividend from investment,j Recorded depreciation expense,,,,,
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