Entity F has provided you with the following information to prepare the operating activities of the statement
Question:
Entity F has provided you with the following information to prepare the operating activities of the statement of cash flows under the indirect method:
Prepare the operating activities section of the statement of cash flows using the indirect method.
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Profit before taxes Depreciation of property, plant and equipment Loss on sale of building Interest expense Interest payable, beginning of the year Interest payable, end of the year Income taxes paid Trade receivables, beginning of the year Trade receivables, end of the year Inventory, beginning of the year Inventory, end of the year Trade payables, beginning of the year Trade payables, end of the year 800,000 400,000 200,000 300,000 200,000 100,000 200,000 1,000,000 1,700,000 1,000,000 800,000 400,000 1,000,000
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Advanced Financial Accounting An International Approach
ISBN: 9780273712749
1st Edition
Authors: Jagdish Kothari, Elisabetta Barone
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