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Homework: Ch 16 Homework B-Graded Question 4, EF16-21 (similar to) Part 1 of 4 The income statement and additional data of Daily Plus, Inc.
Homework: Ch 16 Homework B-Graded Question 4, EF16-21 (similar to) Part 1 of 4 The income statement and additional data of Daily Plus, Inc. follows: (Click the icon to view the income statement.) HW Score: 78.07%, 26.55 of 34 points Points: 0 of 6 Save (Click the icon to view the additional data.) Prepare Daily Plus's statement of cash flows for the year ended September 30, 2024, using the indirect method. Include a separate section for non-cash investing and financing activities Complete the statement one section at a time, beginning with the cash flows from operating activities (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty, do not select a label or enter a zero) Daily Plus, Inc. Statement of Cash Flows Year Ended September 30, 2024 Cash Flows from Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities Depreciation Expense-Plant Assets Increase in Merchandise Inventory Decrease in Accrued Liabilities Increase in Accounts Payable Decrease in Accounts Receivable Net Cash Provided by (Used for) Operating Activities 30,000 $ 41,080
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