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prepare statement of cash flow for year ended dec 31,2018. present operating cash flow activities by direct method Comparative balance sheets for 2018 and 2017
prepare statement of cash flow for year ended dec 31,2018. present operating cash flow activities by direct method
Comparative balance sheets for 2018 and 2017 and a statement of income for 2018 are given below for M Additional information from the accounting records of Metagrobolize also is provided METAGROBOLIZE INDUSTRIES comparative Balance Sheet s December 31, 2018 and 2017 (s in eees) 2018 2017 Assets Cash Accounts recelvable Inventory Land Building 35e 500 580 988 $485 245 19e 275 450 9e9 Less: Accumulated depreciation Equipment 2,5ee 2,158 Lessi Accumulated depreciation (325) 1,800 3ee) 1,158 Patent 5 5,538 4,888 Liabilities Accounts payable 5 680 158 130 130 ccrued expense; payable Lease 1iability 1and Shareholders Equity conmon stock Paid-in capital-excess of par Retained e 3 008 728 650 756 annings K Prex 9of Next rchStep by Step Solution
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