The following transactions and events occurred during the year. Assuming that this company

October 24, 2025 Claire B 0 Comments

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 the 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
a.Accepted six-month note receivable in exchange for plant assets	_____	_____	_____	_____	_____
b.Recorded depreciation expense	_____	_____	_____	_____	_____
c.Paid cash to acquire treasury stock	_____	_____	_____	_____	_____
d.Collected cash from sales	_____	_____	_____	_____	_____
e.Borrowed cash from bank by
signing a nine-month note payable	_____	_____	_____	_____	_____
f.Paid cash to purchase a patent .	_____	_____	_____	_____	_____
g.Retired long-term notes payable by
issuing common stock	_____	_____	_____	_____	_____
h.Paid cash toward accounts payable	_____	_____	_____	_____	_____
i.Sold inventory for cash	_____	_____	_____	_____	_____
j.Paid cash dividend that was declared in
a prior period	_____	_____	_____	_____	_____

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The following transactions and events occurred during the year. Assuming that this company

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