The accountant for Rimmerex Corporation used a spreadsheet to prepare information needed to prepare the statement of

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The accountant for Rimmerex Corporation used a spreadsheet to prepare information needed to prepare the statement of cash flows for the year ending December 31, 20X5. However, the data were accidentally sorted alphabetically into the following listing of items. To compound the problem, the "add" and "subtract" notations for each line item were also deleted.

Review the information, and prepare a correct presentation, using the indirect approach. The beginning cash balance was \($63\),800, and the ending cash balance was \($415\),000.

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Financial Accounting

ISBN: 9781456352974

1st Edition

Authors: Dr. Larry M. Walther

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