Question: Exercise 1 2 - 1 3 ( Algo ) Indirect: Preparing statement of cash flows LO P 2 , P 3 Additional Information on Current
Exercise Algo Indirect: Preparing statement of cash flows LO P P
Additional Information on CurrentYear Transactions
a No dividends are declared or paid.
b Issued additional stock for $ cash.
c Purchased equipment for cash; no equipment was sold.
Use the above information to prepare a statement of cash flows for the current year using the indirect method.
Note: Amounts to be deducted should be Indicated by a minus sign.
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