The current sections of Putzier Inc.s balance sheets at December 31, 2011 and 2012, are presented here.
Question:
The current sections of Putzier Inc.’s balance sheets at December 31, 2011 and 2012, are presented here. Putzier’s net income for 2012 was $153,000. Depreciation expense was $27,000.
Instructions
Prepare the net cash provided by operating activities section of the company’s statement of cash flows for the year ended December 31, 2012, using the indirect method.
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Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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