classified balance sheet, income statement & cash flow
now that you have prepared the adjusting and closing entries, smith manufacturing, inc. has asked that you prepare a classified balance sheet, a multiple-step income statement, and cash flow statement using the indirect method. use your ending numbers from last week's task. the prior-year trial balance was included in a separate tab in the spreadsheet you downloaded last week. you will need these numbers to prepare the statement of cash flows. prepare your financial statements in excel.
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