QUESTION 2 Prerated below are the comparative December 31 financial statements for Dubai Industries, Inc in S Mlion. Prepare a statement of cash flows for December , Vear 2 ng the indirect method. Dubai Industries, tne Balance Sheets At December 1, Vear 2 and Tear 1 Year 2 Ye1 Cash 59.719 Accounts Recetvabe 100.000 Ivennery 20.250 181250 Prepaid tnurance LATS 2.500 Land. Buldings, and Equapenent Accumulated 1342.500 1.400 Depreciation Investments 1925 1020 Total Assets Accounts Payable 95.425 Salartes Pyable 25.000 30625
QUESTION 2 Prerated below are the comparative December 31 financial statements for Dubai Industries, Inc in S Mlion. Prepare a statement of cash flows for December , Vear 2 ng the indirect method. Dubai Industries, tne Balance Sheets At December 1, Vear 2 and Tear 1 Year 2 Ye1 Cash 59.719 Accounts Recetvabe 100.000 Ivennery 20.250 181250 Prepaid tnurance LATS 2.500 Land. Buldings, and Equapenent Accumulated 1342.500 1.400 Depreciation Investments 1925 1020 Total Assets Accounts Payable 95.425 Salartes Pyable 25.000 30625
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter23A: Statement Of Cash Flows: The Direct Method
Section: Chapter Questions
Problem 4SEB
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