Question: prepare a complete statement of cash flows using a spreadsheet under the indirect method ora Required information Use the following information for the Problems below.


ora Required information Use the following information for the Problems below. (Algo) The following information applies to the questions displayed below! Golden Corporation's current year income statement, comparative balance sheets, and additional information follow For the year. (1) all sales are credit sales. all credits to Accounts Receivable reflect cash receipts from customers. purchases of inventory are on credit. (4) all debits to Accounts Payable reflect cash payments for inventory, and (5) any change in Income Taxes Payable reflects the accrual and cash payment of taxes GOLDEN CORPORATION Comparative lance Sheets December Current Prior Year $110.000 107.000 . 13,000 37.100 1. 11,114.100 124.00 37,000 542.00 753.600 115,00 (. 15. Assets Cail Accounts receivable Inwentary Total current assets tapet Accumulated direction Total Listen uity at In spate Total castilles Equity Con stock value din cantat in caso per valu, Hock esineda Total Listies may $ 119,00 17.00 65.000 130, 564,000 104.000 11.200 224, 125.1 31.12.1 . GOLDEN CORPORATION Test Der 5 Next > 071 2. Dedared and paid $105,000 in cash dividends Part 2 of 3 Problem 12-7AA (Algo) Indirect: Cash flows spreadsheet LO P4 Required: Prepare a complete statement of cash flows using a spreadsheet under the indirect method (Enter all amounts es positive values.) Dants Sipped eBook GOLDEN CORPORATION Sprendshme for States of Allow Font Yune loded ricember December 31. Prior Analysis of Change Year Debit Credit D Decem1 Can Year Meferences Balance sheet dobit balance accounts $ $ TR0.000 Account receivable Inventory Equlontent 1246001 87 000 542.000 315.000 0680 $ S 180.00 Balance sheetcredit Batince account Accumulated depreciation Equipment Accounts payable $ 112 000 7.000
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