Complex Spreadsheet Refer to the information for Heinz Company in P21 8. In exercise: Heinz Companys post-closing
Question:
In exercise:
Heinz Company€™s post-closing trial balance as of December 31,2015, and the adjusted trial balance as of December 21,2016, are Shown here:
Required:
Using the direct method for operating cash flows, prepare a spreadsheet to support a 2016 statement of cash flows.
Transcribed Image Text:
December 31, 2015 Post-Closing Trial Balance December 31, 2016 Adjusted Trial Balance 3 Accumulated Depreciation: Buildings Accumulated Depreciation: Equipment 3 3 5 Addiional Paidin Capital $156,900 $156,900 Other Operating Expenses Depreciation Expense Buildings Depreciation Expense: Equipment Loss (Ordinary) on Sale of Investments 790 1,300 Ordinary loss on sale of building 2 $203,905
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Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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