Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. prepare statement of cash flows for both the direc

Prepare Statement of Cash Flows for both the direct and indirect method for each line...

90.2K

Verified Solution

Question

Accounting

Prepare Statement of Cash Flows for both the direct and indirect method for each line item factoring in increase and decreases from yeasr to year as well as the factors at the bottom. Remember net Cash must equal the original ending cash. Ending Cash is 111,100 the schedule being built is the task both direct and indirect need to equal adjustment of 77,200(33,900 cash to start)\table[[\table[[The Balance Sheets for School, LLC for the years ending December 31,2023 and 2022 are shown],[below:]],\table[[Increase],[(Decrease)]]],[,Dec. 31,2021,Dec. 31,2020],[Cash,111,100,33,900,77,200],[Accounts Receivable,38,800,43,800,(5,000)
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students