Question: Instructions: Instructions: Prepare Reed & Sons 2 0 1 7 Cash Flow Statement using direct method. Place the change in cash in the appropriate section

Instructions: Instructions: Prepare Reed & Sons 2017 Cash Flow Statement using

Instructions: Instructions:

Prepare Reed & Sons

2017

Cash Flow Statement using direct method.

Place the change in cash in the appropriate section of the cash flow statement to calculate cash flow from operations, cash flow from investing, and cash flow from financing

You will need to combine several transactions to calculate one category like cash collected from customers.

Cash inflows are positive numbers and cash outflows are negative numbers.

Prepare Reed & Sons

2017

Cash Flow Statement using Indirect Method.

Follow steps outlined in page

8 - 9

of the Mod

5

notes to create cash flow statement.

Cash inflows are positive numbers and cash outflows are negative numbers.

direct method. Place the change in cash in the appropriate section of

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