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Im never going to be an accounted,... required class, Im not sure how you guys do it *Exercise 12-04 Pharoah Company reported net income of

Im never going to be an accounted,... required class, Im not sure how you guys do it

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*Exercise 12-04 Pharoah Company reported net income of $184,850 for 2022. Pharoah Company also reported depreciation expense of $33,700 and a loss of $4,690 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $15,150 for the year, a $15,640 increase in accounts payable, and a $4,030 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Pharoah Company Partial Statement of Cash Flows S Adjustments to reconcile net income to Question Attempts: 0 of 1 used

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