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Exercise 16-10 Preparation of statement of cash flows (indirect) L.O. P1 GECKO INC. Comparative Balance Sheets June 30, 2011 and 2010 2011 2010 Assets Cash

Exercise 16-10 Preparation of statement of cash flows (indirect) L.O. P1

GECKO INC. Comparative Balance Sheets June 30, 2011 and 2010
2011 2010
Assets
Cash $ 121,800 $ 75,600
Accounts receivable, net 69,200 51,200
Inventory 66,700 95,900
Prepaid expenses 6,200 4,900
Equipment 125,900 115,000
Accum. depreciation

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