Answer is complete but not entirely correct.VILLAGE OF SEASIDE PINESENTERPRISE FUNDReconciliation of Operating Income toNet Cash Provided by Operating ActivitiesFor the year ended December 31, 2024Operating LossAdjustments:Depreciation ExpenseIncrease in Accounts PayableIncrease in Accounts Receivable (net)Increase in Due From Other FundsIncrease in Supplies InventoryNet Cash Provided (Used) by Operating ActivitiesxxX$ (39,000)$49,000108,000(14,400)(17,300)(18,900)98,000

Operating activities is one of the activities of the cash flow statement which states the activities…

ENTERPRISE FUND Reconciliation of Operating Income to Net Cash Provided by Operating Activities For the year ended December 31, 2024 perating Loss djustments: epreciation Expense crease in Accounts Payable $ (39,000) $ 49,000 108,000

ENTERPRISE FUND Reconciliation of Operating Income to Net Cash Provided by Operating Activities For the year ended December 31, 2024 perating Loss djustments: epreciation Expense crease in Accounts Payable $ (39,000) $ 49,000 108,000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 40E

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Question

Answer is complete but not entirely correct.
VILLAGE OF SEASIDE PINES
ENTERPRISE FUND
Reconciliation of Operating Income to
Net Cash Provided by Operating Activities
For the year ended December 31, 2024
Operating Loss
Adjustments:
Depreciation Expense
Increase in Accounts Payable
Increase in Accounts Receivable (net)
Increase in Due From Other Funds
Increase in Supplies Inventory
Net Cash Provided (Used) by Operating Activities
x
x
X
$ (39,000)
$
49,000
108,000
(14,400)
(17,300)
(18,900)
98,000

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