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Prepare Health Plus's statement of cash flows for the year ended September 30, 2024, using the indirect method. Include a separate section for non-cash investing
Prepare Health Plus's statement of cash flows for the year ended September 30, 2024, using the indirect method. Include a separate section for non-cash investing and financing activities. (Please answer as soon as possible)
The income statement and additional data of Health Plus, Inc. follows: (Click the icon to view the income statement.) (i) (Click the icon to view the additional data.) Data table Non-cash Investing and Financing Activities: More info a. Acquisition of plant assets is $121,000. Of this amount, $101,000 is paid in cash and $20,000 by signing a note payable. b. Cash receipt from sale of land totals $21,000. There was no gain or loss. c. Cash receipts from issuance of common stock total $28,000. d. Payment of note payable is $19,000. e. Payment of dividends is $6,000. f. From the balance sheet: The income statement and additional data of Health Plus, Inc. follows: Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare Health Plus's statement of cash flows for the year ended September 30,2024 , using the indirect method. Include a separate section for non-cash investing and financing activities. The income statement and additional data of Health Plus, Inc. follows: Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare Health Plus's statement of cash flows for the year ended September 30,2024 , using the indirect method. Include a separate section for non-cash investing and financing activitiesStep by Step Solution
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