Peerless Ikiban Inc Statement Of Cash Flows
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Net income 99510 Adjustments to reconcile net income to net cash provided by operating activities.
Ikiban inc statement of cash flows. Cash flows from operatingactivities. Preparing statement of cash flows LO P1 P2 P3 A1 The following information applies to the questions displayed below The following financial statements and additional information are reported. Statement of Cash Flows Indirect Method For Year Ended June 30.
Comparative Balance Sheets June 30 2019 and 2018 2019 2018 Assets 52000 59000 98500 7000 216500 123000 13000 Cash 102700 77000 71800 5200 256700 132000 31000 Accounts receivable net Inventory Prepaid expenses Total. Adjustments toreconcile net income to net cash provided by operatingactivities. Changes in current.
Cash flows from operating activities. Received cash for the sale of equipment that had cost 48600 yielding a 2600 gain. Prepaid Expenses and Wages Payable relate to Other Expenses on the income statement.
All purchases and sales of inventory are on credit. Prepare statement of cash flows using the indirect method for the year ended june 30 2019. Gain on sale of plantassets.
1 Prepare a statement of cash flows using the indirect method for the year ended June 30 2019. Amounts to be deducted should be indicated with a minus sign Q2. Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method.
Statement of Cash Flows. Depreciation expense 5860000. Statement of Cash Flows Indirect Method For Year Ended June 30 2015.
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