1. Question: Plz Use a spreadsheet to create ann Cash Flow Statement for Contest Company, for the year ended December 31, 2005 (plz give detailed and precise answer! Thank you very much!! Gonna give u a thumbs up and leave a good comment!)

The steps of creating a cash flow statement are :Write the headings - Who (company name), What (Cash Flow Statement), When (fiscal period covered).

1. Write the headings - Who (company name), What (Cash Flow Statement), When (fiscal period covered).
2. rite the heading -Operating Activities
3. List the Net Income amount beside the title -two columns to the right of the title.
4. Write the heading -Add:
5. Write in the headings and item amounts that will be added to the net income (Depreciation, decrease in Accounts Receivable, increase in Taxes Payable).
6. Total those amounts in thesecond column, under the Net Income amount.
7. Write the heading -Less:
8. Write in the heading and item amounts that will be deducted from the net income (decrease in Accounts Payable, Increase in Inventory).
9. Total those amounts in thesecond column, under the Net Income amount. This total is a negative amount.
10. Write the heading -Net Cash from Operations. Total the amounts in thesecond column so far.
11. Write the heading - Financing Activities.
12. Write the headings and item amounts for Notes Payables, Stock Dividends or Issued Stock along with their amount in thesecond column.
13. Write the heading - Investing Activities.
14. Write the headings and item amounts for any investments made, such as new equipment, along with their amounts, in thesecond column.
15. Write the heading Cash Flow from the (fiscal period) ended (date) and the total of all amounts in thesecond column, starting at Net Cash from Operations.
16. Add single and double lines where required