Business, 24.03.2021 21:20 MrJonezy4529
Salud Company reports the following information.
Selected Annual Income Statement Data Selected Year-End Balance Sheet Data
Net income $400,000 Accounts receivable increase $ 40,000
Depreciation expense 80,000 Prepaid expenses decrease 12,000
Gain on sale of machinery 20,000 Accounts payable increase 6,000
Wages payable decrease 2,000
Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31.
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Salud Company reports the following information.
Selected Annual Income Statement Data Selected Yea...
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