Accountants for Morganson, Inc. have assembled the following data for the year ended December 31, 2024: Prepare
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Accountants for Morganson, Inc. have assembled the following data for the year ended December 31, 2024:
Prepare Morganson’s statement of cash flows using the indirect method. Include an accompanying schedule of non-cash investing and financing activities.
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Current Assets: Cash Accounts Receivable Merchandise Inventory Current Liabilities: Accounts Payable Income Tax Payable 2024 $ 99,400 64,100 83,000 57,600 14,800 2023 $ 25,000 69,700 75,000 55,200 16,800
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Related Book For
Horngrens Accounting The Financial Chapters
ISBN: 9780136162186
13th Edition
Authors: Tracie Miller Nobles, Brenda Mattison
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