Use the following financial statements and additional information to (1) prepare a statement of cash flows for

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Use the following financial statements and additional information to (1) prepare a statement of cash flows for the year ended December 31, 2018, using the indirect method, and (2) analyze and briefly discuss the statement prepared in part 1 with special attention to operating activities and to the company's cash level.

Use the following financial statements and additional information to (1)
Use the following financial statements and additional information to (1)

Additional Information
a. No dividends are declared or paid in 2018.
b. Issued additional stock for $10,000 cash in 2018.
c. Purchased equipment for cash in 2018; no equipment was sold in 2018.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Fundamental Accounting Principles

ISBN: 978-1259536359

23rd edition

Authors: John Wild, Ken Shaw, Barbara Chiappett

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