Question 6 of 9 < View Policies Current Attempt in Progress -/2 = 1 Swifty Corporation reported net income of $189,230 for 2022. Swifty Corporation also reported depreciation expense of $35,650 and a loss of $5,020 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $15,730 for the year, a $18,040 increase in accounts payable, and a $3,670 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method. (Show amounts that decrease cash flow with either a-sign eg-15,000 or in parenthesis eg. (15,000).
Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis e.g. (15,000)) wifty Corporation Partial Statement of Cash Flows Adjustments to reconcile net income to > 1 A MPLE 0 2 51 a ENG d
Adjustments to reconcile net income to > > A Vi
Question 6 of 9 < View Policies Current Attempt in Progress -/2 = 1 Swifty Corporation reported net income of $189,230 f
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am