One Way Cellular accountants have assembled the following data for the year ended September 30, 2012: 1.

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One Way Cellular accountants have assembled the following data for the year ended September 30, 2012:

Cash reccipt from sale of land Depreciation expense Payment of dividends Cash reccipt from issuance of common stock $ 55

1. Prepare the operating activities section using the indirect method for One Way Cellular€™s statement of cash flows for the year ended September 30,2012.

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Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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Question Posted: Dec 16, 2011 05:20 AM

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One Way Cellular accountants have assembled the following data for the year ended September 30, 2012: 1.

Question:

Cash reccipt from sale of land Depreciation expense Payment of dividends Cash reccipt from issuance of common stock $ 55,000 39,000 20,000 Purchase of cquipment 6,100 Decrease in current liabilities Increase in current asscts other than cash 19,000 30,000 14,000

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Req 1 One Way Cellular Statement of Cash FlowsPartial Year ended September 3...View the full answer

Financial and Managerial Accounting

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