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Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operating activities. Use the minus sign to indicate

Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments.

Orange Angel Enterprises Inc. Statement of Cash Flows For the Year Ended December 31, 20Y8
Cash flows from (used for) operating activities: blank

Common stockDepreciation expenseInventoryNet incomeRetained earnings

$- Select -
Adjustments to reconcile net income to net cash flows from (used for) operating activities: blank

Cash dividendsDecrease in accounts receivableDepreciationNet incomeRetained earnings

- Select -
Changes in current operating assets and liabilities: blank

Decrease in accounts payableDecrease in accounts receivableDecrease in inventoryDepreciationIncrease in accounts receivable

- Select -

Decrease in accounts payableDecrease in merchandise inventoryDecrease in prepaid expensesIncrease in accounts receivableIncrease in merchandise inventory

- Select -

Decrease in accounts payableDecrease in inventoryDecrease in prepaid expensesIncrease in prepaid expensesDepreciation

- Select -

Decrease in accounts payableDecrease in prepaid expensesDepreciationIncrease in accounts payableNet income

- Select -
Net cash flows from operating activities blank $fill in the blank 13
Cash flows from (used for) investing activities: blank

Cash received from issuing common stockCash paid for equipmentCash dividendsCash paid for prepaid expensesCash paid to retire mortgage note

$- Select -
Net cash flows used for investing activities blank fill in the blank 16
Cash flows from (used for) financing activities: blank

Cash received from customersCash received from depreciationCash received from net incomeCash received from retained earningsCash received from issuing common stock

$- Select -

Cash paid for accounts payableCash dividendsCash paid for equipmentCash paid for inventoryCash paid for prepaid expenses

- Select -

Cash paid for accounts payableCash paid for accumulated depreciationCash paid for depreciationCash paid for inventoriesCash paid to retire mortgage note payable

- Select -
Net cash flows from financing activities blank fill in the blank 23

DepreciationNet decrease in cashNet incomeNet increase in cashNet loss

blank $- Select -
Cash balance, January 1, 20Y8 blank fill in the blank 26
Cash balance, December 31, 20Y8 blank $fill in the blank 27

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