(Learning Objectives 2, 3, 4, 5: Preparing the statement of cash fl owsindirect method) Morgensen Software Corp....

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(Learning Objectives 2, 3, 4, 5: Preparing the statement of cash fl ows—indirect method) Morgensen Software Corp. has assembled the following data for the years ending December 31, 20X6 and 20X5.

❙ Requirement 1. Prepare Morgensen Software Corp.’s statement of cash fl ows using the indirect method to report operating activities. Include an accompanying schedule of non-cash investing and fi nancing activities.

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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