INT.ACCOUNTING-CONNECT+PROCTORIO PLUS
INT.ACCOUNTING-CONNECT+PROCTORIO PLUS
10th Edition
ISBN: 9781266373862
Author: SPICELAND
Publisher: INTER MCG
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Chapter 21, Problem 21.22E

Indirect method; reconciliation of net income to net cash flows from operating activities

• LO21–4

The accounting records of Baddour Company provided the data below. Prepare a reconciliation of net income to net cash flows from operating activities.

Net loss $5,000
Depreciation expense 6,000
Increase in salaries payable 500
Decrease in accounts receivable 2,000
Increase in inventory 2,300
Amortization of patent 300
Reduction in discount on bonds 200
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Net cash flow from operating a
Current Attempt in Progress Lee Enterprises reports the following information: Net income Depreciation expense Increase in accounts payable Increase in accounts receivable $5180000 $3979520. $5180000. $6380480. $5706480. 704480 159000 337000 Lee should report cash provided by operating activities of
11 Compute Cash Flow from Operating Activities from the following details: Particulars Trade Receivables: Debtors CA Bills Receivable CA Trade Payables: Creditors CL Bills Payable CL L Expenses Outstanding Accrued Income CAT Depreciation on Fixed Assets No + Surplus, i.e., Balance in Statement of Profit & Loss 31st March, 2023 (R) 50,000 23,000 28,000 22,000 4,500 9,000 5,000 90,000 31st March 2022 ) 60,000 25,000 32,000 35,000 3,500 8,000 4,000 80,000
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