Question: Given the following information for Vito Incorporated prepare their statement of cash flows for December 31, 2019 using the indirect method. Also, Explain the process

Given the following information for Vito Incorporated prepare their statement of cash flows for December 31, 2019 using the indirect method. Also, Explain the process of preparing Indirect Cashflow and specify the differences between Indirect and Direct Cashflow methods 2019 2018" 394.00 250 90 15 90 Cash Accounts receivable Interest receivable Inventory Prepaid Expenses Non-current - Note receivable Property, plant and Equipment (Net of depreciation) 95 52 90 125 325 330 40 20 45 56 755 825 105 60 I Accounts payable Accrued liabilities Common Shares Retained Earnings Net income Depreciation expense Gain on sale of property w 80 2. 1.5 in 0005 Statement of Cash Flow Indirect Approach
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