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solve this using indirect method The following is a presentation of PT Atma's Financial Statements in the form of a Comparative Balance Sheet as of
solve this using indirect method
The following is a presentation of PT Atma's Financial Statements in the form of a Comparative Balance Sheet as of December 31, 1998 and December 31, 1999: 31 Dec 1999 31 Dec 1998 Assets Cash 203,200,000.00 92,000,000.00 Account receivable 468,000,000.00 390,000,000.00 Supply 442,000,000.00 520,000,000.00 Rimuka Paid Insurance Equipment and Vehicles 520,000,000.00 Accumulated depreciation (187,200,000.00) Total assets 1,512,000,000.00 Liabilities and Capital Accounts payable 260,000,000.00 Long-term debt 230,000,000.00 Ordinary Share Capital 700,000,000.00 Agio Ordinary Shares 30,000,000.00 Retained earning 292,000,000.00 234,000,000.00 Total Liabilities and Capital 1.512,000,000.00 1,222,000,000.00 The following is additional information in connection with the above financial statements: 1. Vehicles which cost Rp 78,000,000 with a book value of Rp 5,200,000 were sold for Rp. IDR 18,200,000 2. In 1999 there was a purchase of equipment in cash 3. Retained earnings are only affected by net income in 1999 amounting to Rp. 254,000,000 and the dividend payment. existence of 4. In 1999 cash was obtained by paying 50 shares of Common Stock with par value of Rp. 1,000,000 per share. at a price of Rp. 1,200,000 per sheet Request: Prepare a Statement of Cash Flows for the year ended December 31, 1999 using the No 1 Dorikut Innmerat Method Ins! 66,000,000.00 12,000,000.00 364,000,000.00 (156,000,0000.00) 1,222,000,000.00 208,000,000.00 110,000,000.00 650,000,000.00 20,000,000.00 Step by Step Solution
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