4)The accounting records of rockiness company provided the data below?$ in 000s? Net income $25,200 Depreciation expense
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4)The accounting records of rockiness company provided the data below?$ in 000s?
Net income $25,200
Depreciation expense 3,300
Decrease in accounts receivable 2,000
Increase in inventory 4,500
Increase in prepaid insurance 300
Increase in salaries payable 900
Decrease in interest payable 400
Required: Statement of Cash Flow reconciliation of net income to net cash flows from operating activities
Related Book For
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
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