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Williams Corporation accountants have assembled the following data for the year ended June 30, 2021 (Click the icon to view the data. Prepare Wiliams Corporation's
Williams Corporation accountants have assembled the following data for the year ended June 30, 2021 (Click the icon to view the data. Prepare Wiliams Corporation's statement of cash flows for the year ended June 30, 2021. The company uses the indirect method for operating activities, Begin by completing the cash flows from operating activities. Then complete the remaining sections of the cash flow statement. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Williams Corporation Statement of Cash Flows (Indirect Method) Year Ended June 30, 2021 Cash flows from operating activities: X Adiustments to reconalla net income to Data table net cash provided by used for operating activities Net cash provided by used for) aperating activities Not income Payment of dividends Proceeds from the issuance of common stock Sales revenue Descrease in current assets other than cash Purchase of treasury stock $? Cost of grads sold 5,500 Other operating expenses 32.000 Purchase of equipment with cash 220.000 Decrease in current liabilities 32,000 Payment of note payable 7,000 Proceeds from sale: af land Depreciation expense $ 100,000 30,000 34,000 4,000 32,000 31,000 10,000 Print Done
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