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The accounting records of South West Corporation reveal the following: Requirement 1 . Prepare the cash flows from operating activities section of the statement of
The accounting records of South West Corporation reveal the following: Requirement Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash. Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by used for operating activities: Net cash provided by used for operating activities Data table tableNet income,Depreciation expense,$Collection of dividend revenue,Decrease in current liabilities,Payment of interest,Increase in current assets,,Sales revenue,other than cash,Loss on sale of land,Payment of dividends,Acquisition of land with cash,Payment of income tax,
The accounting records of South West Corporation reveal the following:
Requirement Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.
Cash flows from operating activities:
Adjustments to reconcile net income to
net cash provided by used for operating activities:
Net cash provided by used for operating activities
Data table
tableNet income,Depreciation expense,$Collection of dividend revenue,Decrease in current liabilities,Payment of interest,Increase in current assets,,Sales revenue,other than cash,Loss on sale of land,Payment of dividends,Acquisition of land with cash,Payment of income tax,
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