Prepare the operating activities section of the statement of cash
flows for GreenGarden using the indirect
method. (Amounts to be deducted should be
indicated with a minus sign.)
Prepare The Operating Activities Section Of The Statement Of Cash Flows For Greengarden Using The Indirect Method Amou 1 (24.96 KiB) Viewed 39 times
$43,000 Annual Income Statement Data Sales Expenses: Cost of goods sold Wages expense Amortization expense Net income Selected Year-End Balance Sheet Data Prepaid expenses increase Inventory increase Accounts payable decrease $ 3,300 550 1,600 22,000 10,000 2,400 $ 8,600 Prepare the operating activities section of the statement of cash flows for Green Garden using the Indirect method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities
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