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The following three accounts appear in the general ledger of Lily Corp. during 2022. From the postings in the accounts, indicate how the information is
The following three accounts appear in the general ledger of Lily Corp. during 2022. From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect method. The loss on disposal of plant assets was $8,400. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000). From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect method. The loss on disposal of plant assets was $8,400. (Show amounts that decrease cash flow with either a sign e.g. 15,000 or in parenthesis e.g. (15.000)
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