For each transaction provided in items 1 through 5, select the proper section of the statement of cash flows in which it should be reported using the indirect method from the reporting categories provided in a through h below. If the item is not required to be reported on the statement of cash flows, place an ‘X’ in the space provided. Reporting Categories a. Cash flows from operating activities—will be added to net income b. Cash flows from operating activities—will be subtracted from net income c. Cash flows from investing activities—increase as a result of cash inflows d. Cash flows from investing activities—decrease as a result of cash outflows e. Cash flows from financing activities—increase as a result of cash inflows f. Cash flows from financing activities—decrease as a result of cash outflows g.Disclosed as a non-cash transaction in the notes h.Appears in operating activities only under the direct method 1. Accepted deposit for advance product offering 2. Pays cash dividends 3. Accrued income taxes for the period; to be paid next year 4. Adjustment to increase the book value of trading securities to market 5. Accounts receivable were collected from customers For each transaction provided in items 1 through 5, select the proper section of the statement of cash flows in which it should be reported using the indirect method from the reporting categories provided in a through h below. If the item is not required to be reported on the statement of cash flows, place an ‘X’ in the space provided. Reporting Categories a. Cash flows from operating activities—will be added to net income b. Cash flows from operating activities—will be subtracted from net income c. Cash flows from investing activities—increase as a result of cash inflows d. Cash flows from investing activities—decrease as a result of cash outflows e. Cash flows from financing activities—increase as a result of cash inflows f. Cash flows from financing activities—decrease as a result of cash outflows g.Disclosed as a non-cash transaction in the notes h.Appears in operating activities only under the direct method 1. Retired long-term debt before its maturity date 2. Cash paid for income taxes 3. Recognized loss on the sale of equipment 4. Declared cash dividends 5. Amortization of patent

For each transaction provided in items 1 through 5, select the proper section of the statement of cash flows in which it should be reported using the indirect method from the reporting categories...

For each transaction provided in items 1 through 5, select the proper section of the statement of cash flows in which it should be reported using the indirect method from the reporting categories provided in
a
through
h
below. If the item is not required to be reported on the statement of cash flows, place an ‘X’ in the space provided.

a. Cash flows from operating activities—will be added to net income

b. Cash flows from operating activities—will be subtracted from net income

c. Cash flows from investing activities—increase as a result of cash inflows

d. Cash flows from investing activities—decrease as a result of cash outflows

e. Cash flows from financing activities—increase as a result of cash inflows

f. Cash flows from financing activities—decrease as a result of cash outflows

g.Disclosed as a non-cash transaction in the notes

h.Appears in operating activities only under the direct method

	1. Accepted deposit for advance product offering
	2. Pays cash dividends
	3. Accrued income taxes for the period; to be paid next year
	4. Adjustment to increase the book value of trading securities to market
	5. Accounts receivable were collected from customers

For each transaction provided in items 1 through 5, select the proper section of the statement of cash flows in which it should be reported using the indirect method from the reporting categories provided in
a
through
h
below. If the item is not required to be reported on the statement of cash flows, place an ‘X’ in the space provided.