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ended December 31, 2018. PB-33A Preparing the statement of cash flows-indirect method Accountants for Morganson, Inc. have assembled the following data for the year ended
ended December 31, 2018. PB-33A Preparing the statement of cash flows-indirect method Accountants for Morganson, Inc. have assembled the following data for the year ended December 31, 2018: 2018 2017 Current Assets: Cash Accounts Receivable Merchandise Inventory $99,400 $25,000 64,100 69,700 75,000 83,000 Current Liabilities: Accounts Payable Income Tax Payable 57,600 55,200 16,800 14,800
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