The income statement disclosed the following items for the current year:

Balances of the current assets and current liabilities accounts changed between December 31,last year,and December 31,this year,as follows:

Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method.

Question

The income statement disclosed the following items for the current year:
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​
  Balances of the current assets and current liabilities accounts changed between December 31,last year,and December 31,this year,as follows:
​
​
  Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method.

Quizplus · Accepted Answer

The Answer of The income statement disclosed the following items for the current year:
​
​
  Balances of the current assets and current liabilities accounts changed between December 31,last year,and December 31,this year,as follows:
​
​
  Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method.

The Income Statement Disclosed the Following Items for the Current