prepare a statemente of cash flows, using the indirect method
ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT Retained Earnings Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operating activities. The noncurrent asset, nonourrent labily, and stockholders' equaly accounts fer zorz we as follows: Accouvr Land ACCOUNT Buldings F check Wy Work Compute the increases and decreases in the cument assellably acoound over the percd. How do these increases of decreases inpact the amoun of cash a compary has? Weve theve any purchases or ales of noneurent assets during the year? if there were any sales of noncurrert assets, were these noncurrect assets . sold at what the compary had intially paid? Or were tre assets sold for more or less than the book value? Did the company engage in any activites that alscled the equty or debt in treir company? ACCouvT Aecumblated Depreciation-Bulldings ACCOUNT Accumulated Depreciation-Buildings ACCOUNT Equipment ACCOUNT Accumulated Depreciation-Equipment Labels and Amount Descriptions Labels Cash flows from (used for) operating activities Cash flows from (used for) investing activities Cash flows from (used for) financing activities December 31, 20Y2 For the Year Ended December 31, 20Y2 Amount Descriptions Cash paid for acquisition of building Cash paid for dividends Cash paid for merchandise Cash paid for purchase of equipment Cash received from customers Cash received from issuance of bonds payable Cash received from issuance of common stock Cash received from land sold Cash balance, January 1, 20Y2 Cash balance, December 31, 20Y2 Decrease in accounts payable Decrease in accounts recelvable Decrease in inventories Decrease in prepaid expenses Decrease in salaries payable Labels and Amount Descriptions Depreciation Gain on sale of investments Gain on sale of land Increase in accounts payable Increase in accounts receivable Increase in inventories Increase in prepaid expenses Increase in salaries payable Issuance of common stock for acquisition of building Issuance of common stock for purchase of equipment Issuance of common stock to retire bonds Loss on sale of investments Loss on sale of land Net cash flows from financing activities Net cash flows from investing activities Net cash flows from operating activities Net cash flows used for financing activities Net cash flows used for investing activities Net cash flows used for operating activities Net decrease in cash Net income Net increase in cash Net loss ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT Retained Earnings Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operating activities. The noncurrent asset, nonourrent labily, and stockholders' equaly accounts fer zorz we as follows: Accouvr Land ACCOUNT Buldings F check Wy Work Compute the increases and decreases in the cument assellably acoound over the percd. How do these increases of decreases inpact the amoun of cash a compary has? Weve theve any purchases or ales of noneurent assets during the year? if there were any sales of noncurrert assets, were these noncurrect assets . sold at what the compary had intially paid? Or were tre assets sold for more or less than the book value? Did the company engage in any activites that alscled the equty or debt in treir company? ACCouvT Aecumblated Depreciation-Bulldings ACCOUNT Accumulated Depreciation-Buildings ACCOUNT Equipment ACCOUNT Accumulated Depreciation-Equipment Labels and Amount Descriptions Labels Cash flows from (used for) operating activities Cash flows from (used for) investing activities Cash flows from (used for) financing activities December 31, 20Y2 For the Year Ended December 31, 20Y2 Amount Descriptions Cash paid for acquisition of building Cash paid for dividends Cash paid for merchandise Cash paid for purchase of equipment Cash received from customers Cash received from issuance of bonds payable Cash received from issuance of common stock Cash received from land sold Cash balance, January 1, 20Y2 Cash balance, December 31, 20Y2 Decrease in accounts payable Decrease in accounts recelvable Decrease in inventories Decrease in prepaid expenses Decrease in salaries payable Labels and Amount Descriptions Depreciation Gain on sale of investments Gain on sale of land Increase in accounts payable Increase in accounts receivable Increase in inventories Increase in prepaid expenses Increase in salaries payable Issuance of common stock for acquisition of building Issuance of common stock for purchase of equipment Issuance of common stock to retire bonds Loss on sale of investments Loss on sale of land Net cash flows from financing activities Net cash flows from investing activities Net cash flows from operating activities Net cash flows used for financing activities Net cash flows used for investing activities Net cash flows used for operating activities Net decrease in cash Net income Net increase in cash Net loss
