The independent cases are listed below includes all balance sheet accounts related to operating activities: Case A Case B Case C $310,000 $ 15,000 $420,000 150,000 (200,000) (20,000) 35,000 120,000 (220,000) (40,000) Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) 40,000 100,000 (50,000) (50,000) 60,000 80,000 50,000 70,000 Show the operating activities section of cash flows for each of the given cases. (Amounts to be deducted should be indicated with a minus sign.) Case A Case B Case C Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Changes in Assets and Liabilities Accounts Receivable Inventory Accounts Payable Accrued Liabilities Net Cash Provided by Operating Activities
The independent cases are listed below includes all balance sheet accounts related to operating activities: Case A Case B Case C $310,000 $ 15,000 $420,000 150,000 (200,000) (20,000) 35,000 120,000 (220,000) (40,000) Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) 40,000 100,000 (50,000) (50,000) 60,000 80,000 50,000 70,000 Show the operating activities section of cash flows for each of the given cases. (Amounts to be deducted should be indicated with a minus sign.) Case A Case B Case C Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Changes in Assets and Liabilities Accounts Receivable Inventory Accounts Payable Accrued Liabilities Net Cash Provided by Operating Activities
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:The independent cases are listed below includes all balance sheet accounts related to operating activities:
Case A
Case B
Case C
$ 15,000
$420,000
80,000
(20,000)
50,000
70,000
(40,000)
Net income
$310,000
Depreciation expense
Accounts receivable increase (decrease)
Inventory increase (decrease)
Accounts payable increase (decrease)
Accrued liabilities increase (decrease)
40,000
100,000
(50,000)
(50,000)
150,000
(200,000)
35,000
120,000
(220,000)
60,000
Show the operating activities section of cash flows for each of the given cases. (Amounts to be deducted should be indicated with a
minus sign.)
Case A
Case B
Case C
Net Income
Adjustments to Reconcile Net Income to Net
Cash Provided by Operating Activities
Depreciation
Changes in Assets and Liabilities
Accounts Receivable
Inventory
Accounts Payable
Accrued Liabilities
Net Cash Provided by Operating Activities
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