Question: according this detail to fill the chart. Using the Indirect Method, prepare a partial Statement of Cash Flows for XYZ Corr Partial Balance Sheet and

according this detail to fill the chart.

according this detail to fill the chart. Using the Indirect Method, preparea partial Statement of Cash Flows for XYZ Corr Partial Balance Sheetand other nancial statement information: December 31 Accounts Receivable 52,000 60,000 Inventory

Using the Indirect Method, prepare a partial Statement of Cash Flows for XYZ Corr Partial Balance Sheet and other nancial statement information: December 31 Accounts Receivable 52,000 60,000 Inventory 57,000 47,000 Prepaid Rent 32,000 34,000 Totals l4l,000| l4l,000| Accounts Payable 36,000 43,000 Income Taxes Payable 27,000 23,000 Interest Payable 29,000 32,000 Totals 92,000l 98,000I Net Income for 2017 is 72,000 Depreciation Expense is 37,000 Assume that all purchases and sales were made on account. XYZ Company Partial Statement of Cash Flows | For the Year Ended December 31, 2017 I Cash Provided by Operating Activities Adjustments to reconcile Net Income to Net Cash provided by Operating Activities: Net cash inow from Operating Activities: 0| Using the Indirect Method, prepare The Statement of Cash Flows for XYZ Corp. Partial Balance Sheet and other nancial statement information: For the Year Ended December 31, 2017 | Sales Revenue 500,000 Cost of Goods Sold 400,000l Gross Prot 100,000 Operating Expenses 180,000 Loss Before Interest and Taxes -80,000 lntere st Expense 20,000 Net Loss 100,000| December 31 -a:m Cash 95,000 80,000 Accounts Receivable 50,000 75,000 Inventory 1 00,000 150,000 Prepayments 55,000 45,000 Total Current Assets 300,000 350,000 Land 475,000 400,000 Plant and Equipment 870,000 800,000 Accumulated Depreciation -370,000 -300,000 Total Long-Term Assets 975,000 900,000 Total Assets 1,275,000 Accounts Payable 125,000 100,000 Other Accrued Liabilities 35,000 45,000 Interest Payable 15,000 10,000 Total Current Liabilities 175,000 155,000 Long-Term Loan Payable 340,000 Common Stock 450,000 400,000 Retained Earnings 310,000 445,000 Total Stockholders' Equity 760,000 845,000 Totai Liabilities & SE 1,275,000 Dividends Paid for 2017 are 35,000 Depreciation Expense is 70,000 Land and Plant and Equipment were acquired for cash, and additional stock was issv. Cash also was received from additonal bank loans, XYZ Company Statement of Cash Flows For the Year Ended December 31, 2017 Cash Flows om Operating Activities Adjustments to reconcile Net Income to Net Cash provided by Operating Activities: Net Cash provided by Operating Activities: Cash Flows from Investing Activities Net Cash used by Investing Activities Cash Flows from Financing Activities Net Cash provided by Financing Activities Net Increase in Cash Cash Balance, December 31, 2016 Cash Balance, December 31, 2017 EX1 Using the Indirect Method, prepare a partial Statement of Cash Flows for XYZ Corp. Partial Balance Sheet and other nancial statement information: December 31 Accounts Receivable 60,000 52,000 Inventory 47,000 57,000 Prepaid Rent 34,000 32,000 Totals 141,000| 141,000l Accounts Payable 43,000 36,000 Income Taxes Payable 23,000 27,000 Interest Payable 32,000 29,000 Totals 98,000l 92,000I Net Income for 2017 is 72,000 Depreciation Expense is 37,000 Assume that all purchases and sales were made on account. XYZ Company Partial Statement of Cash Flows | For the Year Ended December 31, 2017 | Cash Provided by Operating Activities Adjustments to reconcile Net Income to Net Cash provided by Operating Activities: Net cash inow from Operating Activities: 0|

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