Prepare Statement of Cash flow Using Direct and Indirect Method. Account Cash DAILY DRIVER, INC. Adjusted Trial
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Account Cash DAILY DRIVER, INC. Adjusted Trial Balance At December 31 Supplies Prepaid Insurance Equipment Accumulated Depreciation Salaries and Wages Payable Income Tax Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expens Supplies Expense Depreciation Expenses Insurance Expense Fuel Expense Income Tax Expense Debit $1,000.00 $30.00 $0.00 $40,000.00 Credit $4,800.00 $800.00 $1,000.00 $25,000.00 $5,430.00 $19,570.00 $9,600.00 $120.00 $2,400.00 $1,200.00 $1,250.00 $1,000.00 $56,600.00 $56,600.00 Account Cash DAILY DRIVER, INC. Adjusted Trial Balance At December 31 Supplies Prepaid Insurance Equipment Accumulated Depreciation Salaries and Wages Payable Income Tax Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expens Supplies Expense Depreciation Expenses Insurance Expense Fuel Expense Income Tax Expense Debit $1,000.00 $30.00 $0.00 $40,000.00 Credit $4,800.00 $800.00 $1,000.00 $25,000.00 $5,430.00 $19,570.00 $9,600.00 $120.00 $2,400.00 $1,200.00 $1,250.00 $1,000.00 $56,600.00 $56,600.00
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Statement of Cash Flows using the Direct Method DAILY DRIVER INC Statement of Cash Flows For the Yea... View the full answer
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