Question: SP 12 Serial Problem Business Solutions (Indirect) (Algo) LO P2, P3 Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows




SP 12 Serial Problem Business Solutions (Indirect) (Algo) LO P2, P3 Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data Required: Prepare a statement of cash flows for Business Solutions using the indirect method for the three months ended March 31,2022 . Owner Santana Rey contributed $34,000 to the business in exchange for additional stock in the first quarter of 2022 and has received $4,000 in cash dividends. (Amounts to be deducted should be indieated with a minus sign.) Adjustments to roconcilo not incomo to net cash provided by operating activitios Income statement items not affecting cash 10 points Changes in current assets and current labilities Cash flows from investing activities Net cash used in investing activities Cash flows from finaring activities 10 points Cash flows from investing activitos Net cash used in irvesting activises : Cash flows from financing activites
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