e13-4 - Name: Date: Instructor: Course: rd Managerial...

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FileName: d9f77ffcaeeb035f762cf90e85bf8cd2569441a4.xls, Tab: Exercise E13-4, Page 1 of 2, 12/28/2011, 19:01:52 Name: Date: Instructor: Course: $195,000 for 2005. Poppy also reported depreciation expense of $45,000 and a loss of $5,000 on the sale of equipment. The comparative balance sheet shows a decrease in accounts receivable of $15,000 for the year, a $12,000 increase in accounts payable, and a $4,000 decrease in prepaid expenses. Instructions: Prepare the operating activities section of the statement of cash flows for 2005. Use the indirect method. POPPY COMPANY Partial Statement of Cash Flows For the Year Ended December 31, 2005 Cash flows from operating activities Title Amount Title Amount Title Amount Title Amount Title Amount Title Amount Formula Title Formula Managerial Accounting, 3 rd Edition, by Weygandt, Kieso, and Kimmel Solving Managerial Accounting Problems Using Microsoft Excel for Windows by Rex A Schildhouse Exercise E13-4 , Poppy Company reported net income of Adjustments to reconcile net income to net cash provided by operating activities
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This note was uploaded on 12/28/2011 for the course ACCT 221 taught by Professor Leonarda.bacon during the Winter '07 term at CSU Bakersfield.

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e13-4 - Name: Date: Instructor: Course: rd Managerial...

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