The following transactions and events occurred during the year. Assuming that this company uses the indirect method
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Noncash Not Statement of Cash Flows Investing Reported on Operating Investing Financing and Financing Statement Actlvitles Activitles Activitles Activitles or In Notes a. Accounts recelvable decreased in the year b. Purchased land by Issuing common stock... c. Pald cash to purchase inventory d. Sold equipment for cash, ylelding a loss e. Accounts payable decreased in the year r income taxes payable increased in the year. g. Declared and pald a cash dividend... h. Recorded depreclation expense.. L Pald cash to settle long-term note payable . Prepald expenses increased in the year
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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