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( a ) Prepare a statement of cash flows using the indirect method. ( Show amounts that decrease cash flow with either a - sign
a
Prepare a statement of cash flows using the indirect method. Show amounts that decrease cash flow with either sign eg
or in parenthesis eg
CONCORD COMPANY
Statement of Cash Flow
For the Year Ended December
Cash Flows from Operating Activities
Net Income
Adjustments to reconcile net income to
Net Cash Provided by Operating Activities v
Depreciation Expense
Depreciation Expense Increase in Accounts Receivable
Increase in Inventory
Increase in Accounts Payable
Decrease in Income Taxes Payable
Net Cash Provided by Investing Activities
Cash Flows from Investing Activities
Sale of Equipment
Cash Flows from Financing Activities
Cash Flows from Financing Activities v
Issuance of Common Stock
Redemption of Bonds
Payment of Dividends
Net Cash Used by Financing Activities
Net Increase in Cash
Cash at Beginning of Period
Cash at End of Period
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b
b
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