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.

 

 

Noncash

Not

 

Statement of Cash Flows

Investing

Reported on

 

Operating

Investing

Financing

and Financing

Statement

 

Activities

Activities

Activities

Activities

Or in Notes

aAccounts receivable decreased in the year

_____

_____

_____

_____

_____

bPurchased land by issuing common stock

_____

_____

_____

_____

_____

cPaid cash to purchase inventory

_____

_____

_____

_____

_____

dSold equipment for cash, yielding a loss

_____

_____

_____

_____

_____

eAccounts payable decreased in the year

_____

_____

_____

_____

_____

fIncome taxes payable increased in the year

_____

_____

_____

_____

_____

gDeclared and paid a cash dividend

_____

_____

_____

_____

_____

hRecorded depreciation expense

_____

_____

_____

_____

_____

iPaid cash to settle long term note payable

_____

_____

_____

_____

_____

jPrepaid expenses increased in the year

_____

_____

_____

_____

_____