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Using the final trial balances for December 31, 20x1 and 20x0 respectively, create a statement of cash flows for the year ending December 31, 20x1.
Using the final trial balances for December 31, 20x1 and 20x0 respectively, create a statement of cash flows for the year ending December 31, 20x1. The statement should be in the appropriate formatplease refer to page 11-21 for a good example.
Account Names Cash Accounts Receivable Inventory Prepaid Insurance Plant Assets Accumulated Depreciation Accounts Payable Wages Payable Income Tax Payable Bonds Payable Common Stock Retained Earnings 12/31/20x1 12/31/20x0 $ 27,410 $ 12,459 $ 102,166 $ 79,739 $ 224,266 $ 149,511 $ 12,459 $ 47,345 $ 622,961 $ 456,007 $ 169,445 $ 127,084 $ 17,443 $ 22,427 $ 22,427 $ 14,951 $ 17,443 $ 19,935 $ 323,940 $ 189,380 $ 224,265 $ 224,265 $ 214,299 $ 147,019 Additional Information Net Income Depreciation Expense Common Stock Dividends Purchases of PP&E Issuances of Bonds $ $ $ $ $ 139,543 42,361 72,263 166,954 134,560Step by Step Solution
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