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can you help , thank you The following financial statements and additional information are reported. Additional informotion a. A $30.000 notes payabie is retired at
can you help , thank you
The following financial statements and additional information are reported. Additional informotion a. A $30.000 notes payabie is retired at its $30.000 carrying (book) value in exchange for cash b. The only chonges affecting retained earnings are net income and cash dividends pad. c. New equipment is acquired for $82.600 cash d. Recelved cash for the sale of equipment that had cost 573.600, yeiding a $4.500g3m. e. Prepaid Expenses and Woges Payable reiate to Operating Expenses on the income statement. t. All purchases and sales of inwentory are on credit. Requtred: (1) Prepare a statement of cosh fows using the sindirect method for the year ended June 30, 2021, (Amounts to be be Indicated with a minus sign.. Required: (1) Prepare a statement of cash flows using the indifiect method for the year ended June 30,2021 . (Amounts to be deducted should be Step by Step Solution
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