Question: Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income Statement Year Ended


Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income Statement Year Ended December 31, 2018 Revenues and Gains: Sales Revenue Interest Revenue Total Revenues and Gains Expenses and Losses: Cost of Goods Sold Salary Expense $154,000 6,900 S160,900 $130,000 23,000 7 300
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
