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Company A is preparing its annual financial statements at December 31, 2019. Listed below are cash flow items presented in alphabetical order. Use the above
Company A is preparing its annual financial statements at December 31, 2019. Listed below are cash flow items presented in alphabetical order. Use the above information to prepare the statement of cash flow (Indirect Method) for the company In Good Form. A Truck was purchased for Accounts receivable decreased during the year by Accounts payable decreased during the year by Common Stock was issued for Depreciation expenses for the year was Inventory increased during the year by Net Income for the year was The cash balance on December 31, 2018 was The Company borrowed cash on a three year note of The company purchased a new machine for The Company paid Principal on the three year note of 65,000 20,000 10,000 60,000 15,000 40,000 55,000 50,000 110,000 35,000 50,000
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