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Exercise 12-4 (Algo) Indirect: Cash flows from operating activities LO P2 The following income statement and additional year-end Information is provided. Accounts receivable Inventory $31,00
Exercise 12-4 (Algo) Indirect: Cash flows from operating activities LO P2 The following income statement and additional year-end Information is provided. Accounts receivable Inventory $31,00 increase Accounts payable 34,175 increase Salaries payable $14,875 decre 4,850 decre 4,850 decre lrect methoc Prepare the operating actlvitles section of the statement of cash flows using the Ind/rect methoc Note: Amounts to be deducted should be Indlcated with a minus sign
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