The income statement, balance sheets, and additional information for Video Phones, Inc., are provided. Required : Prepare

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The income statement, balance sheets, and additional information for Video Phones, Inc., are provided.

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Required :

Prepare the statement of cash flows for Video Phones, Inc., using the direct method. Disclose any noncash transactions in an accompanying note.

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Financial Accounting

ISBN: 978-1259914898

5th edition

Authors: David Spiceland, Wayne M. Thomas, Don Herrmann

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