Using the following letters, classify each of the items below according to the section of the statement of cash flows in which they would be reported.
a.operating activities, indirect format
b.investing activities
c.financing activities
11.Issuance of stock for cash
12.Sale of investment in a subsidiary company
13.Depreciation of equipment
14.Increase in accounts receivable
15.Proceeds from long-term borrowing
16.Increase in taxes payable
17.Payment of dividends
18.Purchase of land
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here