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1. Here is the income statement of PT Berkah Nusantara: + Sales Revenue PT Berkah Nusantara Income Statement For the year ended December 31,
1. Here is the income statement of PT Berkah Nusantara: + Sales Revenue PT Berkah Nusantara Income Statement For the year ended December 31, 2021 Rp 6.900.000.000 Cost of Goods Sold: Beginning Inventory Purchases Goods Available for Sale Ending Inventory Cost of Goods Sold Rp 1.900.000.000 4.400.000.000 6.300.000.000 1.600.000.000 4.700.000.000 2.200.000.000 Gross Profit Operating Expenses: Selling Expenses 450.000.000 Administrative Expenses 700.000.000 1.150.000.000 Net Income Rp 1.050.000.000 Additional information: 1. Accounts receivable decreased Rp 310.000.000 during the year 2. Prepaid expenses increased Rp 170.000.000 during the year 3. Inventory decreased Rp 300.000.000 during the year (beginning inventory Rp 1.900.000.000; ending inventory Rp 1.600.000.000) 4. Accounts payable decreased Rp 275.000.000 during the year 5. Accrued expenses payable decreased Rp 120.000.000 during the year 6. Administrative expenses include depreciation expenses of Rp 60.000.000 Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2021, PT Berkah Nusantara, using the indirect method.
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd edition
9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828
