Question: just need P12-7A solved, added the information needed for the question. thank you :) Statement of Cash Flows (Indirect Method) North Company's income statement and


Statement of Cash Flows (Indirect Method) North Company's income statement and comparative balance sheets as of December 31 of the current and the previous year follow: During the current year, North sold land for $70,000 cash that had originally cost $45,000. North purchased equipment for cash, acquired treasury stock for cash, and issued bonds payable for Accounts payable relate to merchandise purchases. Required a. Calculate the change in cash that occurred during the current year. b. Prepare a statement of cash flows using the indirect method. P13-7A. Statement of Cash Flows (Direct Method) Refer to the data given for the North Company in Problem P12-2A. Required a. Calculate the change in cash that occurred during the current year. b. Prepare a statement of cash flows using the direct method
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