Accountants for Benson, Inc. have assembled the following data for the year ended December 31, 2018: Prepare

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Accountants for Benson, Inc. have assembled the following data for the year ended December 31, 2018:
2018 2017 Current Assets: $ 105,100 $ 18,000 Cash Accounts Receivable 64,400 68,900 Merchandise Inventory 86,000 82,000

Prepare Benson's statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities.

Transaction Data for 2018: Issuance of common stock for cash Depreciation expense Purchase of equipment with cash $ 37,0
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Horngrens Financial And Managerial Accounting The Financial Chapters

ISBN: 9780134486840

6th Edition

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura

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