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SP 1 2 Serial Problem Business Solutions ( Indirect ) ( Algo ) LO P 2 , P 3 Santana Rey, owner of Business Solutions,
SP Serial Problem Business Solutions IndirectAlgo LO P P
Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data.
Required:
Prepare a statement of cash flows for Business Solutions using the indirect method for the three months ended March
Owner Santana Rey contributed $ to the business in exchange for additional stock in the first quarter of and has received $ in cash dividends.
Note: Amounts to be deducted should be indicated with a minus sign.
tableBUSINESS SOLUTIONS,Statement of Cash Flows IndirectFor Quarter Ended March Cash flows from operating activities,,Adjustments to reconcile net income to net cash provided by operating activities,,Income statement items not affecting cash,,Changes in current assets and current liabilities,,
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