Ch. 13 HW eBook Show Me How Calculator Print Item Statement of cash flows-indirect method - Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 2012, is shown as follows: 1 Dec 31, 20Y3 Dec 31, 20Y2 2 Assets 3 Cash $155,000.00 $150,000.00 4 Accounts receivable (net) 450,000.00 400,000.00 > 5 Inventories 770,000.00 750,000.00 6 Investments 0.00 100,000.00 1 Land 500,000.00 0.00 1,400,000.00 1,200,000.00 & Equipment 9 Accumulated depreciation equipment (600,000.00) (500,000.00) 10 Total assets $2,675.000.00 $2,100,000.00 11 Liabilities and Stockholders' Equity 12 Accounts payable merchandise creditors) $340,000.00 $300,000.00 Check My Work 10 more Check My Work uses remaining, Assignment Score: 0.0% All work saved. Save and Exit Submit Assignment for Grading Ch. 13 HW eBook Show Me How Calculator Print Item Statement of cash flows-indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions 7 Land 500,000.00 0.00 & Equipment 1,400,000.00 1.200,000.00 9 Accumulated depreciation-equipment (600,000.00 (500,000.00 10 Total assets $2,675.000.00 $2,100,000.00 $340,000.00 $300,000.00 50,000.00 > 11 Liabilities and Stockholders' Equity 13 Accounts payable (merchandise creditors) 13 Accrued expenses payable (operating expenses) 14 Dividends payable 15 Common stock, $4 par 16 Paid-in capital in excess of par-common stock 45,000.00 30,000.00 25,000.00 600,000.00 700,000.00 200,000.00 175,000.00 17 Retained earnings 1,360,000.00 950,000.00 18 Total liabilities and stockholders' equity $2,675,000.00 $2,100,000.00 Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows: Check My Work 10 more Check My Work uses remaining. Assignment Score: 0.0% All work saved. Save and Exit Submit Assignment for Grading Ch. 13 HW eBook Show Me How Calculator Print Item Statement of cash flows-indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions cy. 18 Total liabilities and stockholders' equity $2,675,000.00 $2,100,000.00 Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows: a. The investments were sold for $175,000 cash. b. Equipment and land were acquired for cash. C. There were no disposals equipment during the year. d. The common stock was issued for cash. e. There was a $500,000 credit to Retained Earnings for net income. f. There was a $90,000 debit to Retained Earnings for cash dividends declared. Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exect wording of the answer choices for text entries. Be sure to complete the heading of the statement Enter amounts that represent cash outfiows as negative numbers using a minus sign Check My Work 10 more Check My Work uses remaining. Assignment Score: 0.0% All work saved. Save and Exit Submit Assignment for Grading Ch. 13 HW eBook Show Me How Calculator Print Item Statement of cash flows-indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions Statement of Cash Flows 13 Cash flows from (used for) investing activities: 14 15 Ad 16 11 18 19 Cash flows from (used for) financing activities: 22 25 Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exect wording of the answer choices for text entries. Be sure to complete the heading of the statement. Enter amounts that represent cash outflows as negative numbers using a minus sign Check My Work 10 more Check My Work uses remaining. Assignment Score: 0.0% All work saved. Save and Exit Submit Assignment for Grading Ch. 13 HW eBook Show Me How Calculator Print Item Statement of cash flows-indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions Statement of Cash Flows 17 18 19 Cash flows from (used for) financing activities: Ad 20 22 24 Cash balance, January 1, 20Y3 25 Cash balance, December 31, 20Y3 Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exect wording of the answer choices for text entries. Be sure to complete the heading of the statement. Enter amounts that represent cash outflows as negative numbers using a minus sign Check My Work 10 more Check My Work uses remaining. Assignment Score: 0.0% All work saved. Save and Exit Submit Assignment for Grading Ch. 13 HW eBook Show Me How Calculator Print Item Statement of cash flows-indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions Statement of Cash Flows 3 Adjustments to reconcile net income to net cash flow from operating activities: 4 5 Ad G Changes in current operating assets and liabilities: 7 8 9 10 1: 12 12. Gach file from leadnellucina sentine Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exect wording of the answer choices for text entries. Be sure to complete the heading of the statement. Enter amounts that represent cash outflows as negative numbers using a minus sign Check My Work 10 more Check My Work uses remaining. Assignment Score: 0.0% All work saved. Save and Exit Submit Assignment for Grading