Use the information presented in P22-7. Required 1. Using the direct method, prepare the cash flows from
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1. Using the direct method, prepare the cash flows from operating activities section of the 2007 statement of cash flows for the Lamberson Company.
2. (Optional). If you completed P22-7 earlier, prepare the remaining portion of the statement of cash flows. (A separate schedule reconciling net income to cash provided by operating activities is not necessary.)
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1 and 2 LAMBERSON COMPANY Statement of Cash Flows For Year Ended December 31 2007 Cash Flows From Op...View the full answer
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Related Book For 
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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