Copy of 14-3A_09e - Increase in income tax payable Net cash...

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Problem 14-3A Name: Section: Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells. RESTON SUPPLY CO. Statement of Cash Flows For the Year Ended December 31, 2008 Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Gain on sale of land Changes in current operating assets and liabilities: Increase in accounts receivable Increase in inventories Decrease in prepaid expenses Decrease in accounts payable
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Unformatted text preview: Increase in income tax payable Net cash flow from operating activities Cash flows from investing activities: Cash received from land sold Cash paid for acquisition of building Cash paid for purchase of equipment Net cash flow used for investing activities Cash flows from financing activities: Cash received from issuance of bonds payable Cash received from issuance of common stock Cash paid for dividends Net cash flow provided by financing activities Decrease in cash Cash at the beginning of the year Cash at the end of the year...
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This note was uploaded on 10/12/2010 for the course MAC mac 2233 taught by Professor Delarosa during the Spring '10 term at Miami Dade College, Miami.

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Copy of 14-3A_09e - Increase in income tax payable Net cash...

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