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The statement of cash flow is not complete, both the amounts and account. Please complete them fully. A comparative balance sheet and income statement is
The statement of cash flow is not complete, both the amounts and account. Please complete them fully.
A comparative balance sheet and income statement is shown for Cruz, Incorporated. 1. Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2021? 2. Assume that no additional notes payable are issued in 2021 . What cash amount is paid to reduce the notes payable balance in 2021? Problem 12-3A (Algo) Indirect: Statement of cash flows LO A1, P2, P3 Required: 1. Prepare a complete statement of cash flows using the indirect method for the current year. (Amounts to be deducted should be indicated with a minus sign.)Step by Step Solution
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