Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Accounts payable increase from Y1 to Y2 1.. How to record in direct cash flow statement 2. How to record in indirect cash flow statement

Accounts payable increase from Y1 to Y2

1.. How to record in direct cash flow statement

2. How to record in indirect cash flow statement

3.A machinery sold for 20000, book value 29000 and cost 53000 A. How to record it in direct cash flow statement B. How to record it in indirect cash flow statement

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions