Required prepare the operating activities section of

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Required: Prepare the operating activities section of the statement of cash flows for 2013 using the indirect method. AACSB: Analytic AICPA FN: Measurement Blooms: Apply Difficulty: 2 Medium
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Learning Objective: 21-04 Determine cash flows from operating activities by the indirect method. Learning Objective: 21-08 Prepare a statement of cash flows with the aid of a spreadsheet or T-accounts. Spiceland - Chapter 21 #127 Topic: Cash flows from operating activities-indirect method Topic: Preparation of the statement of cash flows 128. Partial balance sheets and additional information are listed below for Rickey Company. Additional information for 2013: Net income was $160,000. Depreciation expense was $20,000. Required: Prepare the operating activities section of the statement of cash flows for 2013 using the indirect method. AACSB: Analytic AICPA FN: Measurement
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Blooms: Apply Difficulty: 2 Medium Learning Objective: 21-04 Determine cash flows from operating activities by the indirect method. Learning Objective: 21-08 Prepare a statement of cash flows with the aid of a spreadsheet or T-accounts. Spiceland - Chapter 21 #128 Topic: Cash flows from operating activities-indirect method Topic: Preparation of the statement of cash flows 129. The accounting records of Eastlake Industries provided the data below. Required: Prepare a reconciliation of net income to net cash flows from operating activities. AACSB: Analytic AICPA FN: Measurement Blooms: Apply Difficulty: 3 Hard Learning Objective: 21-04 Determine cash flows from operating activities by the indirect method. Spiceland - Chapter 21 #129 Topic: Cash flows from operating activities-indirect method
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130. The accounting records of Westlake Industries provided the data below. Required: Prepare a reconciliation of net income to net cash flows from operating activities. AACSB: Analytic AICPA FN: Measurement Blooms: Apply Difficulty: 3 Hard Learning Objective: 21-04 Determine cash flows from operating activities by the indirect method. Spiceland - Chapter 21 #130 Topic: Cash flows from operating activities-indirect method
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131. Following are the income statement and some additional information for Parson Corporation for 2013. All sales were on credit and accounts receivable increased by $600 in 2013 compared to 2012. Merchandise purchases were on credit with an increase in accounts payable of $400 during the year. Ending inventory was $500 larger than beginning inventory. Income taxes payable increased $300 during the year. All operating expenses were paid for in cash. Required: Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. AACSB: Analytic AICPA FN: Measurement Blooms: Apply Difficulty: 2 Medium Learning Objective: 21-04 Determine cash flows from operating activities by the indirect method.
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Spiceland - Chapter 21 #131 Topic: Cash flows from operating activities-indirect method 132. The accounting records of Harrison Company provided the data below.
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