Question: Avatar Company uses the indirect method to prepare its statement of cash flows. Please refer to the following information for the year 2014Agar Company uses

Avatar Company uses the indirect method to prepare its statement of cash flows. Please refer to the following information for the year 2014Agar Company uses the indirect method to prepare its statement of cash flows. Please refer to the following information for the year 2014.

Requirement:

  1. Using the indirect method, prepare a schedule for the operating activities section of statement of cash flow for December 2014.
  2. Using the indirect method, prepare a schedule for the investing activities section of the statement of cash flows for December 2014.

C Using the indirect method, prepare a schedule for the financing section of the statement of cash flows for December 2014

Avatar Company uses the indirect method to prepare its statement of cash

(p.s there is a different version of this question. I just copied and pasted it. Ignore "on avatar's statement of cash flow using the direct method , what amount will be shown...." Also additional information to consider.

Retained earnings for Jan 1, 2013 - $74,000

Net Income $49,000

Dividends (10,000)

Retained earnings December 31st, 2013 $113,000

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