One Way Cellular accountants have assembled the following data for the year ended September 30, 2014: Prepare
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One Way Cellular accountants have assembled the following data for the year ended September 30, 2014:
Prepare the operating activities section using the indirect method for One Way Cellular’s statement of cash flows for the year ended September 30,2014.
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Cash receipt from sale of land Depreciation expense Cash payment of dividends Cash receipt from issuance of common stock 34,000Net income 20,000 Cash purchase of equipment 6,100 Decrease in current liabilities 55,000 39,000 19,000 14,000 30,000Increase in current assets other than cash
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ONE WAY CELLULAR Statement of Cash Flows x Partial Year Ended September 30 2...View the full answer
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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