Question: How would I creat a cash flow sheet? Bramble Corp, reported the following information for 2022 . Additional information: 1. Operating expenses include depreciation expense

How would I creat a cash flow sheet?  How would I creat a cash flow sheet? Bramble Corp, reported
the following information for 2022 . Additional information: 1. Operating expenses include

Bramble Corp, reported the following information for 2022 . Additional information: 1. Operating expenses include depreciation expense of $40,320. 2. Land was sold at its book value for cash. 3. Cash dividends of $84,930 were declared and paid in 2022. 4. Equipment with a cost of $165,980 was purchased for cash. Equipment with a cost of $51,430 and a book value of $35,660 was sold for $33,670 cash. 5. Bonds of $50,440 were redeemed at their face value for cash. 6. Common stock ( $1 par) was issued at par for $168,620 cash. Use this information to prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.z. 15,000 or in parenthesis e.g. (15,000), )

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To prepare a statement of cash flows using the indirect method follow these steps 1 Operating Activities Start with net income and adjust for noncash ... View full answer

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