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how to prepare a statemof cash flow using the indirect method? Cash December 31, 2020 $350,000.00 20 Cash December 31, 2021 ?????????? 11 Purchased stock
how to prepare a statemof cash flow using the indirect method?
Cash December 31, 2020 $350,000.00 20 Cash December 31, 2021 ?????????? 11 Purchased stock of AAA as a short term invest $31,000.00 22 Purchased stock of BBB as a long term investry $18,500.00 13 Paid on a long term note payable $12,250.00 14 Net Income $500,000.00 25 Paid on the mortgage for a new garage $41,500.00 16 Accumulated Depreciation $32,000.00 17 Depreciation Expense $14,200.00 20 Increase in inventory $16,400.00 29 Decrease in accounts receivable $4,000.00 20 Decrease in Prepaid taxes $5,000.00 21 Increase in wages payable $11,500.00 22 Prepaid Insurance balance on Dec 31 $16,000.00Step by Step Solution
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