Question: The table below is presenting the operating activities section of the statement of cash flows for Romans Storage for the financial year ended 30 June

The table below is presenting the operating activities section of the statement of cash flows for Romans Storage for the financial year ended 30 June 2019:

Operating activities

Income(Profits) $120,000

Add:Depreciation: $10,000

Decrease in Acc Receivable$5000

=135,000

Decerease in Acc Payable 15,000

Which method of preparing the operating activities section has Bunning Warehouse used?

a) Indirect Method

b) Calculating Method

c) Correcting Method

d) Direct Method

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