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Change in Account Positive is Increase, (Negative) is Decrease Accounts Recievable Accounts Payable Common Stock Land Depreciation Expense Notes Payable Interest Payable Inventory Equipment (15,000)
Change in Account Positive is Increase, (Negative) is Decrease Accounts Recievable Accounts Payable Common Stock Land Depreciation Expense Notes Payable Interest Payable Inventory Equipment (15,000) (10,000) 100,000 350,000 10,000 150,000 3,000 (3,000) (25,000) Net Income 25,000 All Payables and Recievables had to do with the normal course of business. Calculate the cash flows (used)Vprovided from operating activities using the indirect method: (Even though for reporting purposes the professional format has you put all category sums in as positive for the sake of testing on BB-Learn used should be a negative number....provided should be a positive number.)
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