Question: Select from the option list provided the proper classification, using the indirect method, for the items below. Each choice may be used once, more than

Select from the option list provided the proper classification, using the indirect method, for the items below. Each choice may be used once, more than once, or not at all. Item Classification 1. Purchase of equipment 2. Bond redemption 3. Sale of building 4. Loss on sale of building 5. Patent amortization 6. Purchase of treasury stock 7. Issuance of bonds for land 8. Decrease in wages payable 9. Depreciation 10. Decrease in accounts receivable

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