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Prepare the operating activities section of the statement of cash flows using the indirect method. Enter reductions to net cash provided by operating activities as
Prepare the operating activities section of the statement of cash flows using the indirect method. Enter reductions to net cash provided by operating activities as negative values. Inventory No Date Debit Credit Balance June June Prepaid expenses No Date Debit Credit Balance June June Equipment No Date Debit Credit Balance June June June Accumulated depreciation Equipment No Date Debit Credit Balance June June June Accounts payable No Date Debit Credit Balance June June Wages payable No Date Debit Credit Balance June June Income taxes payable No Date Debit Credit Balance June June Notes payable longterm No Date Debit Credit Balance June June Common stock, $ par value No Date Debit Credit Balance June June Retained earnings No Date Debit Credit Balance June June June Sales No Date Debit Credit Balance June June June Cost of goods sold No Date Debit Credit Balance June June June Depreciation expense No Date Debit Credit Balance June
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Prepare the operating activities section of the statement of cash flows using the indirect method. Enter
reductions to net cash provided by operating activities as negative values. Inventory
No Date Debit Credit Balance
June
June
Prepaid expenses
No Date Debit Credit Balance
June
June
Equipment
No Date Debit Credit Balance
June
June
June
Accumulated depreciation Equipment
No Date Debit Credit Balance
June
June
June
Accounts payable
No Date Debit Credit Balance
June
June
Wages payable
No Date Debit Credit Balance
June
June
Income taxes payable
No Date Debit Credit Balance
June
June
Notes payable longterm
No Date Debit Credit Balance
June
June
Common stock, $ par value
No Date Debit Credit Balance
June
June
Retained earnings
No Date Debit Credit Balance
June
June
June
Sales
No Date Debit Credit Balance
June
June
June
Cost of goods sold
No Date Debit Credit Balance
June
June
June
Depreciation expense
No Date Debit Credit Balance
June
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