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***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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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: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
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:
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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