The current sections of Nasreen Inc.s balance sheets at December 31, 2013 and 2014, are presented here.
Question:
The current sections of Nasreen Inc.’s balance sheets at December 31, 2013 and 2014, are presented here. Nasreen’s net income for 2014 was $153,000. Depreciation expense was $24,000.
Instructions
Prepare the net cash provided by operating activities section of the company’s statement of cash flows for the year ended December 31, 2014, using the indirect method.
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ISBN: 978-1118096895
6th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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