Question
LCO:5 Marjorie is preparing the Statement of Cash Flows for her company. Based on the following information, what would be the Cash Provided by Operating
LCO:5 Marjorie is preparing the Statement of Cash Flows for her company. Based on the following information, what would be the Cash Provided by Operating Activities using the Indirect Method?
Net Income $10,000
Decrease in Accounts Receivable. $2,000
Increase in Wages Payable $1,000
Increase in Equipment $6,000
Decrease in Bonds Payable $15,000
$1,000
$13,000
$11,000
$5,000
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
13th edition
978-1-119-4110, 1119411483, 9781119411017, 978-1119411482
