Teal Corporations comparative balance sheets are as follows. Teal Corporation Comparative Balance...
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Teal Corporations comparative balance sheets are as follows. Teal Corporation Comparative Balance Sheets December Cash $ Accounts receivable Investments Equipment $ $ $ $ Accumulated depreciationequipment Total Accounts payable Bonds payable Common stock Retained earnings Total Additional information: $ $ $ Net income was $ Dividends declared and paid were $ Equipment which cost $ and had accumulated depreciation of $ was sold for $ No noncash investing and financing activities occurred during Bonds were retired at their carrying value. a Prepare a statement of cash flows for using the indirect method. Show amounts that decrease cash flow with either a sign eg or in parenthesis eg TEAL CORPORATION Statement of Cash Flows Indirect Method Adjustments to reconcile net income to : $ $ $ b The parts of this question must be completed in order. This part will be available when you complete the part above.
Teal Corporations comparative balance sheets are as follows.
Teal Corporation Comparative Balance Sheets December
Cash $ Accounts receivable Investments Equipment
$
$
$
$
Accumulated depreciationequipment Total
Accounts payable Bonds payable Common stock Retained earnings
Total
Additional information:
$
$
$
Net income was $ Dividends declared and paid were $
Equipment which cost $ and had accumulated depreciation of $ was sold for $
No noncash investing and financing activities occurred during
Bonds were retired at their carrying value.
a
Prepare a statement of cash flows for using the indirect method. Show amounts that decrease cash flow with either a sign eg or in parenthesis eg
TEAL CORPORATION
Statement of Cash Flows Indirect Method
Adjustments to reconcile net income to
:
$
$
$
b
The parts of this question must be completed in order. This part will be available when you complete the part above.
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