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Use the information provided, prepare the Operating activities section of the statement of cash flows using the indirect method. Accounts Receivable Inventory Office Supplies 45,000
Use the information provided, prepare the Operating activities section of the statement of cash flows using the indirect method. Accounts Receivable Inventory Office Supplies 45,000 increase 23,000 decrease 75,000 increase 1,900 decrease Accounts Payable Unearned Revenue Long Term Notes Payable 11,500 63,000 Depreciation Expense Net Income Gain on Sale of Trucks Cash Flows from Operating Activities: Adjustments to reconcile net income to net cash Total Adjustment
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