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Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. C 13 Stata-natt Ca FEWS Problems: Series A
Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities.
C 13 Stata-natt Ca FEWS Problems: Series A PR 13-1 A Statement Of cash indirect method Net cash flow from Ille balancx Of Evers 31, 20Y3 and 20Y2, is . activities. $490, ooo as B. C D. E. Accounts receivable (net) Equipment. ACCu depreciationequipment Total assets Lis Accounts payable (merchandise creditors) Accrued exf*nses payable (operating expenses) Dividends payable. _ Common stock. 54 par.. - paid-in capital: Excess Of issue price parcommon stock .. Retained earnings _ Total liabilities and stockholders' equity.. . s 155.000 1 ,400n 52675m) 45000 30 [X)O 700000 1360,000 . 52.675000 S Sa.lmmo Additional data obtained from an examination of the accounts in the ledger for 20Y3 are follows: The investments sold for Sl 75 cash. Equipment and land were acquired for cash. There were no disposals Of equipment durng the year. The common stxk was issued for cash There was a credit to Retained Earni-gs for net irxome. There was a S90,CKK) to Retained Earnings &vidends declared. Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities.
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