Question: Prepare a statement of cash flows using the Indirect method. ( Show anounts that decrease cash flow with elther a - slgn eg - 1
Prepare a statement of cash flows using the Indirect method. Show anounts that decrease cash flow with elther aslgn eg or In parenthesk eg
INDIGO COMPANY
Strtement of Cash Flows Indirect Method
For the Year Ended December
Cash Flows from Operating Activities
$
Adjustments to reconclle net Income to
Net Cash Provided by Operating Activities
:
Depreciation Expense
$
Sale of Equipment
Incroses in Accounts Receivable
Incresse in Inventory
Incresse in Accounts Payable
table
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