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  1. business
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  3. for each of the following activities that may take

For each of the following activities that may take place during the accounting period, indicate...

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Accounting

For each of the following activities that may take place during the accounting period, indicate the effect (a-g) on the statement of cash flows prepared using the indirect method. Choices may be selected as the answer for more than one question.

Purchase of equipment

Repayment of long-term note payable

Amortization of intangible assets

Exchange of land for common stock

Payment of dividends

Sale of land

Gain on sale of investments

Acquisition of treasury stock

Increase in accounts receivable balance

Decrease in accounts payable balance
a.

Increase cash from operating activities
b.

Decrease cash from operating activities
c.

Increase cash from investing activities
d.

Decrease cash from investing activities
e.

Increase cash from financing activities
f.

Decrease cash from financing activities
g.

Noncash investing and financing activity

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