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Statement of Cash Flows-Indirect Method The comparative balance sheet of Whitman Co. at December 31,20Y2 and 20Y1, is as follows: The noncurrent asset, noncurrent liability,
Statement of Cash Flows-Indirect Method The comparative balance sheet of Whitman Co. at December 31,20Y2 and 20Y1, is as follows: The noncurrent asset, noncurrent liability, and stockholders' equity accounts for 20Y2 are as follows: ACCOUNT Land ACCOUNT Buildings ACCOUNT NO. ACCOUNT Accumulated Depreciation-Equipment ACCOUNT NO. ACCOUNT Bonds Payable ACCOUNT NO. ACCOUNT Common Stock, \$20 par ACCOUNT NO. ACCOUNT Paid-in Capital in Excess of Par-Common Stock ACCOUNT NO. Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the mi payments, decreases in cash, or any negative adjustments. Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to incicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Changes in current operating assets and liabilities: Net cash flow used for operating activities Cash flows from (used for) investing activities: Net cash flow used for investing activities Cash flows from (used for) financing activities: Net cash flow from financing activities Cash at the beginning of the year Cash at the end of the year
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