Use the following information from Dubuque Companys financial statements to prepare the operating activities section of the
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Use the following information from Dubuque Company’s financial statements to prepare the operating activities section of the statement of cash flows (indirect method) for the year 2018.
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From the Dec. 31, 2018, balance sheet, changes from prior year: Accounts Receivable Inventory Prepaid Insurance Accounts Payable Sales Tax Payable From the 2018 Income Statement: Gain from sale of investments Depreciation Expense Net Income $ 7,600 3,200 (2,000) (4,000) 1,900 12,000 26,500 79,300
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Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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