Question
Will you assist with creating a spreadsheet for Financial Act.I. The Following Information is for FloorCo. Inc. For the Year Just Ended: Net Income: $94,500
Will you assist with creating a spreadsheet for Financial Act.I.
"The Following Information is for FloorCo. Inc. For the Year Just Ended:
Net Income: $94,500
Accumulated Depreciation: Total Credits: $45,000
Floor Company Did Not Record Any Gains or Losses During the Year. Prepare a Schedule of Net Cash Provided By Operating Activities:
FloorCo. Inc Operating Activites Section of the Statement of Cash Flows
Net Income: Adjustments to Reconcile Net Income To Net Cash Provided by Operations: Depreciation: Increase in Accounts Receivable: Increase in Inventory: Decrease in Prepaid Expenses: Decrease in Accounts Payable: Decrease in Accrued Liabilities: Increase in Income Taxes Payable: Net Cash Provided by Operating Activities:
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