Question
Cash Flow Statement: Using the provided information, prepare a cash flow statement for XYZ Corporation: Item Amount ($) Net Income 100,000 Depreciation Expense 30,000 Increase
Cash Flow Statement:
Using the provided information, prepare a cash flow statement for XYZ Corporation:
Item | Amount ($) |
Net Income | 100,000 |
Depreciation Expense | 30,000 |
Increase in Accounts Receivable | 20,000 |
Decrease in Inventory | 15,000 |
Decrease in Accounts Payable | 10,000 |
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 1
1119048532, 978-1119048534
