Technology Solutions format for the statement of cash flows was corrupted by a computer virus, as follows:

Question:

Technology Solutions’ format for the statement of cash flows was corrupted by a computer virus, as follows:

                                        TECHNOLOGY SOLUTIONS
                                         Statement of Cash Flows
                            For the year ended December 31, 2021

Cash at the beginning of the period .................................................... $$$
Cash at the end of the period ................................................................. $$$
Net increase (decrease) in cash .............................................................. $$$
Cash Flows from Financing Activities
List of cash inflows and outflows from financing activities
Net cash flows from financing activities ............................................ $$$
Noncash Activities
List of noncash transactions ................................................................... $$$
Cash Flows from Investing Activities
List of cash inflows and outflows from investing activities
Net cash flows from investing activities ............................................. $$$
Cash Flows from Operating Activities
List of items adjusting net income to operating cash flows
Adjustments to reconcile net income to net cash flows from operating activities
Net income
Net cash flows from operating activities ........................................... $$$


Required:

Prepare a correct format for Technology Solutions to use in preparing the statement of cash flows.

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 978-1259914898

5th edition

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

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