Managerial Accounts Indirect Method by Homework Help Classof1

Managerial Accounts Indirect Method

byHomework Help Classof1

Kobo ebook | March 26, 2013

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On the basis of the following data for Seller Co. for 2008 and the preceding year ended December 31, 2007, prepare a statement of cash flows. Use the indirect method of reporting cash flows from operating activities. Assume that equipment costing $125,000 was purchased for cash and equipment costing $85,000 with accumulated depreciation of $65,000 was sold for $15,000; that the stock was issued for cash; and that the only entries in the retained earnings  account were net income of $51,000 and cash dividends declared of $13,000.

Title:Managerial Accounts Indirect MethodFormat:Kobo ebookPublished:March 26, 2013Publisher:Classof1Language:English

The following ISBNs are associated with this title:

ISBN:9990005976015

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