Salt Lake Company's 2017 income statement and selected balance sheet data (for current assets and current liabilities)
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Prepare the cash flows from operating activities section only of the company's 2017 statement of cash flows using the indirect method.
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SALTLAKE COMPANY Income Statement For Year Ended December 31, 2017 $156,000 Expenses Cost of goods sold 72,000 32,000 20,000 5,000 2,600 2,400 2,000 $20,000 Salaries expense. ... Interest expense.... Net income SALT LAKE COMPANY Selected Balance Sheet Accounts At December 31 hn ารที่ 121y Accounts payable Salaries payable .. Utilities payable... Preysil.... Peiea 2017 2016 $3,600 $3,000 860 980 2,400 2,600 900 600 200 0 140 180 100 200
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Related Book For
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
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