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May someone please help The net income reported on the income statement for the current year was $141,400. Depredation recorded on store equipment for the
May someone please help
The net income reported on the income statement for the current year was $141,400. Depredation recorded on store equipment for the year amounted to $23,300. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: a. Prepare the "Cash flows from operating activities" section of the staternent of ciah flows, using the indirect method. Use the mirus slgn zo indicate cash outhows, cashpayments, decreases in cash, or any negative adfustments. Net cash fow from operalina aclivieds b. Cash flows from operating activities differs from net income because it does not use the of accounting. For example rovenues are recorded on the income statement when Step by Step Solution
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