Filter the table so that only items in the Kitchen category display.
Prepare the operating activities section of the statement of cosh flows using the indirect method. Enter reductions to net cash provided by operating octivities as negotive values. Prepare the Statement of Cash Hows for the year ended June 30,2021 asing the Direct Method. Hint Use the Cash account on the General Ledger tab to identify the sourcas and uses of cash. List cash outtlows as negative valuas. Additional Information o. A $45,000 note payable is retired at its $45,000 carrying (book) value in exchange for cash b. The only changes affecting retained earnings are net income and cash dividends paid c. New equipment is acquired for $70,000 cash. d. Received cash for the sale of equipment that had cost $58,000. ylelding a $3,900 gain. e. Prepaid Expenses and Wages Payable relate to Other Expenses on the income statement. f. All purchases and sales of inventory are on credit General fournal tab Heconstruct the entries to sammarize the activity between june 30,2020 and June 30 , 2021. Direct Method tab Prepare the Statement of C.r.h flows for the year ended lane 30,2021 using the direct method. Indirect Method tab prepare the recondiation to the indirect mcthod. Filter the table so that only items in the Kitchen category display. Additional Information o. A $45,000 note payable is retired at its $45,000 carrying (book) value in exchange for cash. b. The only changes affecting retained eamings are net income and cash dividends paid. c. New equipment is acquired for $70,000 cash. d. Received cash for the sale of equipment that had cost $58,000, yielding a $3,900 gain. e. Prepaid Expenses and Wages Payable relate to Other Expenses on the income statement. f. All purchases and sales of inventory are on credil. Prepare the operating activities section of the statement of cosh flows using the indirect method. Enter reductions to net cash provided by operating octivities as negotive values. Prepare the Statement of Cash Hows for the year ended June 30,2021 asing the Direct Method. Hint Use the Cash account on the General Ledger tab to identify the sourcas and uses of cash. List cash outtlows as negative valuas. Additional Information o. A $45,000 note payable is retired at its $45,000 carrying (book) value in exchange for cash b. The only changes affecting retained earnings are net income and cash dividends paid c. New equipment is acquired for $70,000 cash. d. Received cash for the sale of equipment that had cost $58,000. ylelding a $3,900 gain. e. Prepaid Expenses and Wages Payable relate to Other Expenses on the income statement. f. All purchases and sales of inventory are on credit General fournal tab Heconstruct the entries to sammarize the activity between june 30,2020 and June 30 , 2021. Direct Method tab Prepare the Statement of C.r.h flows for the year ended lane 30,2021 using the direct method. Indirect Method tab prepare the recondiation to the indirect mcthod. Filter the table so that only items in the Kitchen category display. Additional Information o. A $45,000 note payable is retired at its $45,000 carrying (book) value in exchange for cash. b. The only changes affecting retained eamings are net income and cash dividends paid. c. New equipment is acquired for $70,000 cash. d. Received cash for the sale of equipment that had cost $58,000, yielding a $3,900 gain. e. Prepaid Expenses and Wages Payable relate to Other Expenses on the income statement. f. All purchases and sales of inventory are on credil
