M57 E G H. A 58 Prepare a Cash Flow Statement using the Indirect Method. 59 DO NOT use the DIRECT Method 60 Not all accounts listed may be used in this example 61 62 Net income $1,500,000 63 Cash...


M57<br>E<br>G<br>H.<br>A<br>58 Prepare a Cash Flow Statement using the Indirect Method.<br>59 DO NOT use the DIRECT Method<br>60 Not all accounts listed may be used in this example<br>61<br>62 Net income<br>$1,500,000<br>63 Cash December 31, 2018<br>$750,000<br>64 Cash December 31 2019<br>???????<br>65 Depreciation Expense<br>66 Increase in inventory<br>67 Decrease in accounts payable<br>$20,000<br>$15,000<br>$32,000<br>68 Increase in Prepaid insurance<br>$31,000<br>69 Purchased stock<br>$22,000<br>70 Purchased Jand<br>$99,000<br>71 Paid mortgage<br>$60,000<br>72 Paid car loan<br>$43,000<br>73 Increase in wages payable<br>$11,000<br>74 Patient Receivable<br>$24,000.00<br>75<br>76<br>77<br>78<br>79<br>57<br>

Extracted text: M57 E G H. A 58 Prepare a Cash Flow Statement using the Indirect Method. 59 DO NOT use the DIRECT Method 60 Not all accounts listed may be used in this example 61 62 Net income $1,500,000 63 Cash December 31, 2018 $750,000 64 Cash December 31 2019 ??????? 65 Depreciation Expense 66 Increase in inventory 67 Decrease in accounts payable $20,000 $15,000 $32,000 68 Increase in Prepaid insurance $31,000 69 Purchased stock $22,000 70 Purchased Jand $99,000 71 Paid mortgage $60,000 72 Paid car loan $43,000 73 Increase in wages payable $11,000 74 Patient Receivable $24,000.00 75 76 77 78 79 57

Jun 01, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions ยป

Submit New Assignment

Copy and Paste Your Assignment Here