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Hi! Can someone please help me with this question? Thanks! DUSUUTLOlvas LU Cal Side Apply CS... Kindle Cloud Reader a SUSU Transfer Deadl... SUSU Freshman
Hi! Can someone please help me with this question? Thanks!
DUSUUTLOlvas LU Cal Side Apply CS... Kindle Cloud Reader a SUSU Transfer Deadl... SUSU Freshman Ste... Statement at Cash Flows-Indirect Method The comparatie balance sheet of Olson-Jones Industrias Inc. tor December 31, 2012 and 2041, 6 as follows: Dec. 31. 20Y2 Dec. 31. 20Y1 Assets Cach 5105 Accounts receivable (net) LO 43 Inventaries 37 24 6 38 Equipment Accumulatee depreciation equipment (13) $323 $229 $41 S24 5 Liabilities and stockholders' Equity Accounts payable merchandise creditors) Dividends payable Common ock. $1 par Paid-in capital: Excess of issue price over par- common stock Retained earnings Total abilities and stockholders eculty 201 IT 50 205 157 $323 $229 The following additional information is taken from the cores: L Land was sold for $. 2. Equipment was acouired for cast 3. There were no caposals of ecusoment during the year. 4. The common stock was issued for cash 5. There was $59 credit to Retained Earnings for net income 6. There was a 521 cebit te Retained Earnings for cash dividends declared negative auments 2. Prepare a statement of cash Now, encirect method at presenting cash flows from operating activities. Use the minus sign to indicate cash out hows, cash payments, cecreases in cash, er Bison-Jones Industries Inc Statement of Cash Flows For the Year Ended December 31, 20YZ Cash rows from operating at Asustments to reconcile net income to net show from operating activities: Changes in current operating at anches I 0 m 0 0 Neuth How trum cerating cute Net cash flow from investing is Cash flows from used to tracing ames Niet cath to tramitacing actes Cach at the bearing of the year Cash at the end of the year D. Was Jones industries Int's het ash tow trooperate thatStep by Step Solution
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