Technology Solutions' format for the statement of cash flows was corrupted by a computer virus, as follows:

Question:

Technology Solutions' format for the statement of cash flows was corrupted by a computer virus, as follows:

TECHNOLOGY SOLUTIONS

Statement of Cash Flows

For the year ended December 31, 2012

Cash at the beginning of the period............................................................. $$$

Cash at the end of the period .....................................................................$$$

Net increase (decrease) in cash ..................................................................$$$

Cash Flows from Financing Activities

List of cash inflows and outflows from financing activities

Net cash flows from financing activities ...................................................$$$

Noncash Activities

List of noncash transactions ....................................................................$$$

Cash Flows from Investing Activities

List of cash inflows and outflows from investing activities

Net cash flows from investing activities ....................................................$$$

Cash Flows from Operating Activities

List of items adjusting net income to operating cash flows

Adjustments

Net income

Net cash flows from operating activities ...................................................$$$

Required:

Prepare a correct format for Technology Solutions to use in preparing the statement of cash flows.

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 9780078110825

2nd Edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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