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Preparing a statement of cash flow for year


Prepare a Statement of Cash Flow for the year ending 2015 from the following information.

603_Statement of Cash Flow for the year.jpg

PP&E with a historical cost of $50,000 and a net book value of $29,000 was sold for $26,500

Net income for the year was $25,000.

Land with a historical cost of $15,000 was sold for $25,000

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Accounting Basics: Preparing a statement of cash flow for year
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