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toby zed inc income statement for the yr endging 11/30/14 Sale revenue 7,500,000 cost of goods sold-- beginning inventory 1,900,000 purchase 4,400,000 -good avable for
toby zed inc income statement for the yr endging 11/30/14 Sale revenue 7,500,000 cost of goods sold-- beginning inventory 1,900,000 purchase 4,400,000 -good avable for sale-6,300,000 ending inventory 1,400,000 total cost of good sold 4,900,000 gross profit 2,600.000 operating expenses 1,150,000 net income 1,450,000 additional inforation 1.account recievable increased 200,000 durning the yr and inventory decreased 500,000/2.prepaid expenes increase 175,000 during the yr.3/account payable to suplliers of merchandise decreased 340,000 during te yr/4.accrued expenes include depriecation expenese of 85,000 i need to prepare the operating section of the statement of cashflow for the yr endging 11/30/14 i need to use the indirect method for this company transacation. can you please show me by using the account title debit side and credit side how to set up these transacation solution to these question please email me the answer to sidummy@yahoo.com
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