Question
Create a Statement of Cash Flows using the information provided. Net Income: $320000 Increase in Accounts Receivable by $25000 Decrease in Accounts Payable by $10000
Create a Statement of Cash Flows using the information provided.
Net Income: $320000
Increase in Accounts Receivable by $25000
Decrease in Accounts Payable by $10000
Depreciation Expense of $6000
Sale of Land for $55000
Sale of Building for $24000
Payments of Dividends for $40000
Exchange of Land for Patent worth $20000
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Financial Accounting Reporting And Analysis
Authors: Jennifer Maynard
2nd Edition
0198745311, 9780198745310
