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Complete the following Spreadsheet for the preparation of statement of cash flows under the indirect method. ( The statement of cash flows is not required.
Complete the following Spreadsheet for the preparation of statement of cash flows under the indirect method. The statement of cash flows is not required. Note: Enter all amounts as positive values. Additional information: a Net income for the year was $ b Dividends of $ cash were declared and paid. c The only noncash expense was $ of depreciation. d Purchased plant assets for $ cash. e Notes payable of $ were issued for $ cash. f $ increase in accounts receivable. g $ decrease in inventory. h $ decrease in accounts payable. SCORETECK CORPORATION Spreadsheet for Statement of Cash FlowsIndirect Method For Year Ended December
Complete the following Spreadsheet for the preparation of statement of cash flows under the indirect method. The statement of cash flows is not required.
Note: Enter all amounts as positive values.
Additional information:
a Net income for the year was $
b Dividends of $ cash were declared and paid.
c The only noncash expense was $ of depreciation.
d Purchased plant assets for $ cash.
e Notes payable of $ were issued for $ cash.
f $ increase in accounts receivable.
g $ decrease in inventory.
h $ decrease in accounts payable.
SCORETECK CORPORATION
Spreadsheet for Statement of Cash FlowsIndirect Method
For Year Ended December
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