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The Kirkland Group provided its balance sheet and income statement as of December 3 1 of the current year. ( Click the icon to view
The Kirkland Group provided its balance sheet and income statement as of December of the current year.
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Click the icon to view the income statement.
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Requirement
Prepare the company's cash flow statement for the current year under the indirect method. Provide all required disclosures.
by Operating Activities:
Balance Sheet
Additional Cash Flow Information
Additional Information:
The company classifies its current investments as trading securities During the
current year, it sold trading securities that had been acquired for $ Treat the trading
securities as an investing activity.
The company reported accounts receivable net of the allowance for bad debts.
The company acquired equipment during the year and made no disposals. It paid cash for
equipment.
The company did not dispose of intangible assets during the year.
The company included a $ gain on the sale of trading investments in investment
income on the income statement.
The change in accumulated other comprehensive income is the result of pension
adjustments.
There were no additional investments in affiliate companies during the year.
There were no bond issuances during the year.
Please help me fill the rest thank you.
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