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Excel worksheet and calculations please The accounting records of EZ Company provided the data below. Prepare a reconciliation of net income to net cash flows
Excel worksheet and calculations please
The accounting records of EZ Company provided the data below. Prepare a reconciliation of net income to net cash flows from operating activities. E 21-17 Indirect method; reconciliation of net income to net cash flows from operating activities LO21-4 Net income Depreciation expense Increase in inventory Decrease in salaries payable Decrease in accounts receivable Amortization of patent Amortization of premium on bonds Increase in accounts payable Cash dividends $50,000 7,000 1,500 800 2,000 500 1,000 4,000 12,000Step by Step Solution
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