Problem 13.5A

PROBLEM 13.5A Reporting Operating Cash Flows by the Indirect Method LO13-6, LO13-7 Using the information presented in Problem 13.4A, prepare a partial statement of cash flows for the current year, showing the computation of net cash flows from operating activities by the indirect method. Explain why the decline in accounts receivable over the year was added to net income in computing the cash flows from operating activities. PROBLEM 13.4A Reportina Operatina Cash Flows bv the Direct Method LO13-3. () LO13-8 Additional Information 1. Dividend revenue is recognized on the cash basis. All other income statement amounts are recognized on the accrual basis 2. Operating expenses include depreciation expense of $115,000. Problem 13.5A Sample Worked Problem: Problem 13.5B Help Video: Prepare A Cash Flow Statement | Indirect Method TREECE, INC. Partial Statement of Cash Flows For the Year Ended December 31, 2021 Problem 13.5A Sample Worked Problem: Problem 13.5B Help Video: Prepare A Cash Flow Statement| Indirect Method TREECE, INC. Partial Statement of Cash Flows For the Year Ended December 31, 2021