To prepare the statement of cash flows, accountants for Dora Electric Company have summarized 2012 activity in

Question:

To prepare the statement of cash flows, accountants for Dora Electric Company have summarized 2012 activity in two accounts as follows:

To prepare the statement of cash flows, accountants for Dora

Dora€™s 2012 income statement and balance sheet data follow:

To prepare the statement of cash flows, accountants for Dora



To prepare the statement of cash flows, accountants for Dora

Requirements
1. Prepare the statement of cash flows of Dora Electric Company for the year ended December 31, 2012, using the direct method to report operating activities. Also prepare the accompanying schedule of non-cash investing and financing activities.
2. Use Dora€™s 2012 income statement and balance sheet to prepare a supplementary schedule of cash flows from operating activities by using the indirectmethod.

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Financial accounting

ISBN: 978-0132751124

9th edition

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

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