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Prepare the statement of cash flow using the indirect method Details 2015 2014 cash $25,000 $20,000 Account Payable $10,000 $9,000 Account Receivable. $17,000 $15,000 Investment
Prepare the statement of cash flow using the indirect method
Details 2015 2014
cash $25,000 $20,000
Account Payable $10,000 $9,000
Account Receivable. $17,000 $15,000
Investment $30,000 $25,000
common stock $14,000 $13,000
Bond Payable $15,000 $15,000
Additional information
- the net income was $23,000
- The depreciation was $2,000
- delivery van that bought was sold for $3000 Create a Statement of Cash Flows using the information provided.
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