202.The following transactions and events occurred during the year. Assuming that this company uses the indirect method to report cash provided by operating activities, indicate where each item would...





202.The following transactions and events occurred during the year. Assuming that this company uses the indirect method to report cash provided by operating activities, indicate where each item would appear on its statement of cash flows by placing an x in the appropriate column.



Statement of Cash Flows (Indirect Method)




Operating
Activities
Investing
Activities
Financing
ActivitiesNoncash
Investing &
Financing



Paid cash for operating expenses



Issued common stock for land



Accounts receivable decreased in the year



Recorded depreciation expense



Income taxes payable increased during the year



Sold equipment for cash, yielding a gain



Paid cash for interest expense



Purchased land by for cash



Purchased long-term investment in bonds



Paid cash for retirement of note payable











May 15, 2022
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