12O IM 2003 Stmt Cash Flows

12O IM 2003 Stmt Cash Flows - APPLE BLOSSOM COLOGNE COMPANY...

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APPLE BLOSSOM COLOGNE COMPANY Statement of Cash Flows Years Ended December 31, 2003 and 2002 2003 2002 Cash flows from operating activities: Net income $188,122 $274,823 Add <Deduct> items not using <providing> cash: Depreciation. ............................................................................... 82,375 64,422 Change in accounts receivable. ................................................... (69,623) 4,509 Change in allowance for bad debts. ............................................ (6,300) (1,880) Change in miscellaneous receivables. ........................................ (3,750) Change in inventory. ................................................................... 121,279 (285,627) Change in prepaid expenses………………………………. . (236) 4,049 Securities purchased on account…………………………. . (37,600) Change in accounts payable. ....................................................... 639 82,512 Change in accrued liabilities. ...................................................... 46,648
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This note was uploaded on 11/01/2011 for the course ACCT 2301 taught by Professor Lewis during the Spring '09 term at Husson.

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