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The accounting records of the Wilderness Trading Post Company include these accounts: ( Click the icon to view the accounts. ) Requirement Prepare the company's
The accounting records of the Wilderness Trading Post Company include these accounts:
Click the icon to view the accounts.
Requirement
Prepare the company's net cash provided by used for operating activities section of the statement of cash flows for the month of August. Use the indirect method. Do you see any potential problems in the company's cash flows from operations? How can you tell?
Begin by completing the cash flows from operating activities section for the month of August 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:
Adjustment to reconcile net income to net cash provided by uslad for operating activities:
Net cash provided by used for operating activities
Data table
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