***J Accounts Payable Salaries and Wages Payable. 744 154 750 675 975 1,150 Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Expense Inventory Accounts Receivable Show the operating activities section of the statement of cash fl indirect method. (Amounts to be deducted should be indicated Changes in Assets and Liabilities Accounts Payable Salaries and Wages Payable 850 325 Net Cash Provided by Operating Activities Case A 1,000 734 920 400 Case B 1,250 $1,000 $1,250
***J Accounts Payable Salaries and Wages Payable. 744 154 750 675 975 1,150 Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Expense Inventory Accounts Receivable Show the operating activities section of the statement of cash fl indirect method. (Amounts to be deducted should be indicated Changes in Assets and Liabilities Accounts Payable Salaries and Wages Payable 850 325 Net Cash Provided by Operating Activities Case A 1,000 734 920 400 Case B 1,250 $1,000 $1,250
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
don't give answer in image format

Transcribed Image Text:www.g
Accounts Payable
Salaries and Wages
Payable,
144
750
675
975 1,150
Net Income
Adjustments to Reconcile Net Income to Net
Cash Provided by Operating Activities
Depreciation Expense
Changes in Assets and Liabilities
Accounts Payable
Salaries and Wages Payable
Inventory
Accounts Receivable
Show the operating activities section of the statement of cash fl
indirect method. (Amounts to be deducted should be indicated
136
Net Cash Provided by Operating Activities
850
325
Case A
920
400
1,000
Case B
1,250
$1,000 $1,250

Transcribed Image Text:The two independent cases are listed below:
Sales Revenue
Cost of Goods Sold
Gross Profit
Depreciation Expense
Salaries and Wages
Expense
Net Income
Accounts Receivable
Inventory
Accounts Payable
Salaries and Wages
Payable
Case A
Year 2
$
10,500
5,550
Case B
Year 1
Year 2 Year 1
$ 6,500 $20,500 $15,500
3,500
3,000
4,950
1,000 1,000
2,000
8,950
1,250
1,500 4,500
1,950
500 3,200
275
350
700
725
450
705
750
675
850
975 1,150
325
11,550 9,050
Net Income
Adjustments to Reconcile Net Income to Net
Cash Provided by Operating Activities
Danrarialinn Evnence
Show the operating activities section of the statement of cash flows for year
indirect method. (Amounts to be deducted should be Indicated with a minus
Case A
6,450
1,250
4,500
700
575
750
920
400
1000
Case B
1 250:
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