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Please answer in excel table format. More Movies had the following financial information for the current year. Prepare the statement of cash flows using the
Please answer in excel table format.
More Movies had the following financial information for the current year. Prepare the statement of cash flows using the indirect method for the operating section. No new equipment was purchased this year but the old equipment was sold for $10100. Any new stock was issued for cash. Dividends were paid in cash. (Hints: use the Operating Section Notes - click to pop open to help you with the operating section. For the investing and financing sections, increases to cash are added and decreases to cash are subtracted.) More Movies Inc. Balance Sheet December 31 More Movies Inc. Statement of Cash Flows For Year Ended December 31 Cash Flows from Operating Activities: Adjustments to reconcile net income to net cash Total Adjustments Cash Flows from Investing Activities: Cash Flows from Financing ActivitiesStep by Step Solution
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