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The accounting records of Baddour Company provided the data below. Net loss $ 5,000 Depreciation expense 6,000 Increase in salaries payable 500 Decrease in accounts
The accounting records of Baddour Company provided the data below.
Net loss | $ 5,000 |
---|---|
Depreciation expense | 6,000 |
Increase in salaries payable | 500 |
Decrease in accounts receivable | 2,000 |
Increase in inventory | 2,300 |
Amortization of patent | 300 |
Reduction in discount on bonds | 200 |
Prepare a reconciliation of net income to net cash flows from operating activi Note: Cash outflows should be indicated with a minus sign. Prepare a reconciliation of net income to net cash flows from operating activities. Note: Cash outflows should be indicated with a minus sign
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