Complete the cash flow from operating activities section of XYZ Corp.s statement of cash flows. Assume accounts

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Complete the “cash flow from operating activities”

section of XYZ Corp.’s statement of cash flows. Assume accounts receivable decreased by

$5,000, accounts payable decreased by $3,000, and depreciation expense was $2,000. There were no other changes in current assets.

Net income $50,000 Depreciation expense $

Decrease in accounts receivable $

Decrease in accounts payable ($ )

Total cash flow from operations $

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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