Question: Quest Acres the Indirect method for preparing the statement of cash flows. The following accounts and balances were drawn from the company's accounting records Account
Quest Acres the Indirect method for preparing the statement of cash flows. The following accounts and balances were drawn from the company's accounting records Account Title Beginning 33. $ 800 Accounts receivable Ending $ 47,60 0 Prepaid insurance 12 $ 200 54800 Accounts payable 27. $ 800 $ 33.40 0 Uncanned revenue 14. 5 000 $7600 Net income for the period was 580,000. The net cash flows from operating activities equa 587,200 572.800 578.000 575.200 Moving to another question will save this response
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