New Vision Company completed its income statement and balance sheet and provided the following information:

Service revenues				ps	66,000
Bills:
Salaries and wages	ps	42,000
Depreciation		7,300
utilities		6,000
Office		1,700			57,000
Net Income				ps	9,000
Decrease in accounts receivable	ps	12,000
He paid cash for the equipment		5,000
Increase in wages and salaries to be paid		9,000
Decrease in Accounts Payable		4,250

Present the operating activities section of the statement of cash flows for New Vision Company using the indirect method. (The amounts to be deducted must be indicated with a minus sign).

NEW VISION COMPANY
Cash Flows from Operating Activities—Indirect Method
Adjustments to Reconcile Net Income with Cash Provided by Operating Activities
Changes in Current Assets and Current Liabilities
	$0

Answer rating: 100% (QA)

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