ABC Company has completed the basic format to be used in preparing the statement of cash flows (Indirect method) Listed below in random order are line items to be included in the statement of cash flows. SB Purchase of equipment Decrease in inventory Increase in prepaid rent Payment of dividends Depreciation expense Increase in accounts receivable Increase in accounts payable Gain on sale of land Net income Repayment of notes payable Cash received from the sale of land Issuance of common stock $ 2,250 303 95 370 194 478 160 101 1,069 423 77 2,400 Required: What is the net cash provided by operating activities? 0 $1,051 inflow O $1.253 inflow O $445 inflow O $259 inflow What is the net cash provided by Investing activities? O $2173 outflow O $2,274 outflow $1,979 outflow $2080 outflow w What is the nei cash flow by financing activities? O $1.607 inflow O $1,977 inflow $2030 inflow O $2.400 inflow At the beginning of December, ABC Company had $2,000 in supplies on hand. During the month, supplies purchased amounted to $2,400, but by the end of the month the supplies balance was only $2,500. What is the appropriate month-end adjusting entry? Multiple Choice O Debit supplies expense $1.900, credit supplies $1,900 Debit cash $1,900. credit supplies $1.900 Debit cash $2.500. credit supplies $2.500 o Debit supplies $1.900. credit supplies expense 51.900 . At December 31 ABC company had account balances in Accounts Receivable of $310,000 and in Allowance for Uncollectible Accounts or $820 (credit) before any adjustments. An analysis of ABC Company's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts recenoble Sad debt expense for the year should be Multiple Choice o SS 450 S10120 S7181 59 300