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13-1B Only. Thank you. Ins Del Chapter 13 Statement of Cash Fiows 65 ns: Series B PR 13-18 Statement of cash flows-indirect method om The

13-1B Only. Thank you. image text in transcribed
Ins Del Chapter 13 Statement of Cash Fiows 65 ns: Series B PR 13-18 Statement of cash flows-indirect method om The comparative balance sheet of Merrick Equipment Co for December 31, 2019 and 0 Obj 2, 3, 4,5 ies, is as follows 260 Dec. 31, 20YS Dec. 31, 20YS Cash Accounts receivable Inet) Inventories Investments.... Land. Equipment. Accumulated depreciation-equipment Total assets 47 90 188,190 207230 298.520 289,850 295,800 58020 99 110 84320 $1,211,760 -1.00 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $194,140 Accrued expenses payable loperating expenses. 30,600 Common stock, $1 par Paid-in capital: Excess of issue price over par-common stock.... Retained earnings Total liabilities and stockholders' equity 51.211.760 $901.680 Additional data obtained from an as follows: A. Equipment and land were acquired for cash B. There were no disposals of equipment during the year C. The investments were sold for $91,800 cash D. The common stock was issued for cash. E. There was a $141,680 credit to Retained Earnings for net income. F. There was a $102,000 debit to Retained Eamings for cash dividends declared. Instructions Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Obj-2,3,4,5 PR 13-2B Statement of cash flows-indirect method The comparative balance sheet of Harris Industries Inc. at December 31, 20V4 and 2013 as follows: Dec. 31. 2014 Dec. 31,20Y3 $ 443,240 $ 360.920 592200 Cash Accounts receivable (net) Inventories Prepaid expenses 887 880 31.640 302400 25,200 1,713,600 1,134,000 Accumulated depreciation-buildings Machinery and equipment [466,200) 781,200 214,200) 106.960 414,540) 781,200 191,520) and $4.251.800 Patents Total assets

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