Omega Companys accountants have just completed the income statement and balance sheet for the year and have
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The company issued $30,000, 8 percent honds payable at par during the year.
Required:1. Prepare the cash flows from operating activities section of the statement of cash flows using the direct method.
2. Prepare the cash flows from operating activities section of the statement of cash flows using the indirectmethod.
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Related Book For
Financial Accounting
ISBN: 978-0078025556
8th edition
Authors: Robert Libby, Patricia Libby, Daniel Short
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