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please I need fast help with this question The comparative balance sheet for Dream Big Travel Services, Inc., for December 31, 2021 and 2020, is
please I need fast help with this question
The comparative balance sheet for Dream Big Travel Services, Inc., for December 31, 2021 and 2020, is as follows: E: (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Dream Big Travel Services, Inc.: i (Click the icon to view the transaction data.) Prepare the statement of cash flows (indirect method) for Dream Big Travel Services, Inc., for 2021. Adjustments to reconcile net income to cash basis: Depreciation expense Loss on sale of land 9,000 3,100 Decrease in accounts receivable 12,000 Increase in inventory h Decrease in prepaid insurance Decrease in accounts payable Increase in wages payable Increase in interest payable Increase in income taxes payable Net cash provided by (used for) operating activities The comparative balance sheet for Dream Big Travel Services, Inc., for December 31, 2021 and 2020, is as follows: (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Dream Big Travel Services, Inc.: (Click the icon to view the transaction data.) Prepare the statement of cash flows (indirect method) for Dream Big Travel Services, Inc., for 2021. Net cash provided by (used for) operating activities Investing Activities: Cash used to purchase equipment Loss on sale of land Net cash provided by (used for) investing activities Financing Activities: Dividends paid Issuance of stock for cash Proceeds from issuance of long term notes Net cash provided by (used for) financing activities Net increase (decrease) in cash The comparative balance sheet for Dream Big Travel Services, Inc., for December 31, 2021 and 2020, is as follows: B (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Dream Big Travel Services, Inc.: (Click the icon to view the transaction data.) Prepare the statement of cash flows (indirect method) for Dream Big Travel Services, Inc., for 2021. Last Used pudde Event Loss on sale of land Net cash provided by (used for) investing activities Financing Activities: Dividends paid Issuance of stock for cash Proceeds from issuance of long term notes Net cash provided by (used for) financing activities Net increase (decrease) in cash Cash, beginning of the year Cash, end of the year The comparative balance sheet for Dream Big Travel Services, Inc., for December 31, 2021 and 2020, is as follows: E: (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Dream Big Travel Services, Inc.: i (Click the icon to view the transaction data.) Prepare the statement of cash flows (indirect method) for Dream Big Travel Services, Inc., for 2021. Adjustments to reconcile net income to cash basis: Depreciation expense Loss on sale of land 9,000 3,100 Decrease in accounts receivable 12,000 Increase in inventory h Decrease in prepaid insurance Decrease in accounts payable Increase in wages payable Increase in interest payable Increase in income taxes payable Net cash provided by (used for) operating activities The comparative balance sheet for Dream Big Travel Services, Inc., for December 31, 2021 and 2020, is as follows: (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Dream Big Travel Services, Inc.: (Click the icon to view the transaction data.) Prepare the statement of cash flows (indirect method) for Dream Big Travel Services, Inc., for 2021. Net cash provided by (used for) operating activities Investing Activities: Cash used to purchase equipment Loss on sale of land Net cash provided by (used for) investing activities Financing Activities: Dividends paid Issuance of stock for cash Proceeds from issuance of long term notes Net cash provided by (used for) financing activities Net increase (decrease) in cash The comparative balance sheet for Dream Big Travel Services, Inc., for December 31, 2021 and 2020, is as follows: B (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Dream Big Travel Services, Inc.: (Click the icon to view the transaction data.) Prepare the statement of cash flows (indirect method) for Dream Big Travel Services, Inc., for 2021. Last Used pudde Event Loss on sale of land Net cash provided by (used for) investing activities Financing Activities: Dividends paid Issuance of stock for cash Proceeds from issuance of long term notes Net cash provided by (used for) financing activities Net increase (decrease) in cash Cash, beginning of the year Cash, end of the yearStep by Step Solution
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