Cash Flows trom (Used for) Operating Actwaties Bifances of the current asset and current liablity accounts at the beginnits and end of the year are as follows: a. Prepare the Cash Hows from fused for) Operating Activfies sectoon of the statemert of arth Hows, using the indirect method. Use the minus sign to indicate cash oudflows, cash paymerits, decreases in cash, or any nciative adyustments. a. Prepare the Cash Flows from (used for) Operating Activities secton of the statement of cash Hows, using the indirect method. Use the minus sign to indicate cash outfiows, cash parments, decreases in cash, or amy negative adjustrients b. Cash flows from operating activies differ from net income berause it does not use the of accounting. For example revenues are recorded on the income statement when