Prepare an outline of the general format of the statement of cash flows (indirect method). Include examples of cash inflows and outflows that would be reported under each major section. Finally, discuss the information that is disclosed on the income statement, balance sheet, and statement of cash flows, respectively, that is not disclosed on the other statements.
Chapter 22, Cases #1
Prepare an outline of the general format of the statement of cash flows (indirect method). Include examples of cash inflows and outflows that would be reported under each major section. Finally, discuss the information that is disclosed on the income statement, balance sheet, and statement of cash flows, respectively, that is not disclosed on the other statements.
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An outline of the general format of the statement of cash flows (indirect method) is as follows: XYZ COMPANY Statement of Cash Flows For Year Ended December 31, 2007 Net Cash Flow From Operating Activ…View the full answer
Related Book For 
Intermediate Accounting
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
ISBN: 978-0324300987