Indicate whether each of the following transactions would an ash for a statement of cash flows prepared using the indirect method Click the loon to view the transactions.) roout in an operating activity, an linvesting activity, a finanding adivity, or a transadtion thet does not affect d. e. Click to select your answerls). sample test. Then, go to the Study Plan for your customized learning path Indicate whether each of the following transactions would result in an cash for a statement of cash flows prepared using the indirect method (Click the icon to view the transactions.) a.
b.
c.
d.
e.
f.
g.
h.
i.
j.
k.
Date Accounts Post Ref. Dr. Cr.
a. Equipment 13,000 Cash 13,000
b. Cash 7,500 Long-term investment Bonds payable 7,500
c. 500,000 Cash 500,000
d. Building 180,000 Notes payable, long-term 180,000
e. Loss on disposal of equipment 1,000 Equipment 1,000 15,000
f. Dividend payable Cash 15,000 80,000
g. Cash Common stock 80,000
Notes payable, long-term 180,000
e. Loss on disposal of equipment 1,000 Equipment 1,000
f. Dividend payable 15,000 Cash 15,000
g. Cash 80,000 Common stock 80,000
h. Treasury stock 10,000 Cash 10,000
i. Cash 65,000 Sales revenue 65,000
j. Land 83,500 83,500 Cash 9,200
k. Depreciation expense 9,200 Accumulated depreciation