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Assuming GameStops Net Income for the year is $1,575,000, use the information below to create the operating section of the statement of cash flows. (Use
Assuming GameStops Net Income for the year is $1,575,000, use the information below to create the operating section of the statement of cash flows. (Use parenthesis to indicate an amount to be subtracted)
Increase in Salaries Payable | $23,074 |
Depreciation Expense | $16,230 |
Increase in Prepaid Rent | $52,120 |
Loss on sale of asset | $7,091 |
Decrease in Accounts Payable | $12,334 |
Increase in Inventory | $76,603 |
Net Income | |
Adjustments: | |
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