The following is provided to complete the operating activities section of a statement of cash…
The following is provided to complete the operating activities section of a statement of cash flows, indirect method.
a. Net income for the year is $43,900.
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c. Inventory increased by $1,875.
d. Depreciation expense for the year is $8,000.
e. Accounts payable decreased by $5,782.
f. Other current liabilities increased by $3,500.
g. Taxes payable decreased by $1,970
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The following is provided to complete the operating activities section of a statement of cash… was first posted on July 22, 2020 at 8:28 am.
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