Question: Statement of Cash Flows - Indirect Method Additional dath obtained from an examination of the accounts in the ledger for 209 are as follows: a.


Statement of Cash Flows - Indirect Method Additional dath obtained from an examination of the accounts in the ledger for 209 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $113,810 cash. d. The common stock was issued for cash. e. There was a $61,760 credit to Retained Earnings for net income. f. There was a $39,070 debit to Retained Earnings for cash dividends declared. Required: Prepare a statement of cash flows, using the indirect method of presenting cash. llows from operating activities. Use the minus sign to indicate in cash, or any negative adjustments. Net cash flow from operating activities Cash flows from (used for) investing activities: Net cash flow used for investing activities Cash flows from (used for) financing activities: Net cash flow from financing activities Cash balance, January 1, 20Y9 Cash balance, December 31,20Y9
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