Question: Exercise 12-1 Indirect: Cash flow classification LO C1 The following transactions and events occurred during the year. Assuming that this company uses the indirect method

 Exercise 12-1 Indirect: Cash flow classification LO C1 The following transactions

Exercise 12-1 Indirect: Cash flow classification LO C1 The following transactions and events occurred during the year. Assuming that this company uses the indirect method to report cash provided by operating activities, select where each item would appear on its statement of cash flows. a. Purchased treasury stock with cash b. Prepaid expenses increased in the year c. Retired bonds payable by issuing stock d. Purchased a building with cash e. Sold land in return for cash Paid cash to settle long-term note payable Purchased a trademark with cash Issued common stock for cash Purchased equipment by issuing a note Received a cash dividend from investments Noncash investing and financing activities Not reported on statement or in notes Statement of cash flows - financing activities Statement of cash flows - investing activities Statement of cash flows - operating activities

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