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Hill Company provided the following statement of financial position. Assets 2 0 2 3 2 0 2 2 Cash and cash equivalents 7 5 0
Hill Company provided the following statement of financial position. Assets Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Property, plant and equipment Accumulated depreciation Liabilities and equity Accounts payable Accrued expenses Share capital Retained earnings Additional information: The statement of retained earnings for showed net income of and cash divident paid of During the year, the entity purchased equipment for cash and issued share capital for cash. Required: Prepare a statement of cash flows for using the indirect method.
Hill Company provided the following statement of financial
position.
Assets
Cash and cash equivalents
Accounts receivable
Inventory
Prepaid expenses
Property, plant and equipment
Accumulated depreciation
Liabilities and equity
Accounts payable
Accrued expenses
Share capital
Retained earnings
Additional information:
The statement of retained earnings for showed net income
of and cash divident paid of
During the year, the entity purchased equipment for cash and
issued share capital for cash.
Required:
Prepare a statement of cash flows for using the indirect
method.
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