Why statement of cash flows prepared by the indirect method, Accounting Basics

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Why statement of cash flows prepared by the indirect method

Accounts receivable from sales transactions were $45,859 at the beginning of the year and $61,749 at the end of the year. Net income reported on the income statement for the year was $141,723. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method is?

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Accounting Basics: Why statement of cash flows prepared by the indirect method

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Accounting Basics: Why statement of cash flows prepared by the indirect method

Reference No:- TGS0705504

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What is the amount of write-down required using us

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Why statement of cash flows prepared by the indirect method

Reference No:- TGS0705504

Recent Questions Asked Accounting Basics

Q : What is the amount of write-down required using us

Q : What is the income for the period under variable costing

Q : Classify each of the activities above

Q : What should the calculation of the current ratio

Q : Why statement of cash flows prepared by the indirect method

Q : What amount of custodial supplies expense would you expect

Q : Determine the cost of the land

Q : What is the amount of the annual depreciation

Q : Discuss the fixed cost and variable cost elements

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