The following transactions and events occurred during the year. Assuming that this company uses the direct method to report cash provided by operating activities, indicate where each item would appear on its statement of cash flows.

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The following transactions and events occurred during the year. Assuming that this company uses the direct method to report cash provided by operating activities, indicate where each item would appear on its statement of cash flows.

Statement of cash flows
  Operating
Activities
InvestingĀ  Activities Financing
Activities
Noncash
Investing &
Financing
Activities
Not Reported
on Statement
or in Notes
Accepted Six Months Notes receiveble
In Exchange of Plant Assets
         
Recorded depreciation expense          
Paid cash to acquire treasury stock          
Collected Cash From Sale          
Borrowed Cash from Bank          
Paid cash to purchase paiten          
Retired Long term Noted Payable
by issuing common stock
         
Paid cash to towards Accounts
Payable
         
Sold Inventory for cash          
paid a cash dividend that
declared last Year
       
0

Answer”

Statement of cash flows
  Operating
Activities
InvestingĀ  Activities Financing
Activities
Noncash
Investing &
Financing
Activities
Not Reported
on Statement
or in Notes
Accepted Six Months Notes receiveble
In Exchange of Plant Assets
  X      
Recorded depreciation expense X        
Paid cash to acquire treasury stock     X    
Collected Cash From Sale X        
Borrowed Cash from Bank     X    
Paid cash to purchase paiten x        
Retired Long term Noted Payable
by issuing common stock
      x  
Paid cash to towards Accounts
Payable
x        
Sold Inventory for cash x        
paid a cash dividend that
declared last Year
    x  
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