Complex Spreadsheet Refer to the information for Heinz Company in P21 8.
In exercise:
Heinz Company€™s post-closing trial balance as of December 31,2015, and the adjusted trial balance as of December 21,2016, are Shown here:

Required:
Using the direct method for operating cash flows, prepare a spreadsheet to support a 2016 statement of cash flows.

Transcribed Image Text:

December 31, 2015 Post-Closing Trial Balance December 31, 2016 Adjusted Trial Balance 3 Accumulated Depreciation: Buildings Accumulated Depreciation: Equipment 3 3 5 Addiional Paidin Capital $156,900 $156,900 Other Operating Expenses Depreciation Expense Buildings Depreciation Expense: Equipment Loss (Ordinary) on Sale of Investments 790 1,300 Ordinary loss on sale of building 2 $203,905