Recommendation Forten Company Statement Of Cash Flows
Prepare a complete statement of cash flows using a spreadsheet.
Forten company statement of cash flows. Forten Company a merchandiser recently completed its calendar-year 2013 operations. FORTEN COMPANY Statement of Cash Flows For Current Year Ended December 31 Cash Flow from Operating Activities Cash Collected from Account Receivables 53625597500-70310 58081500 Cash Paid to Account Payables 37639000 Other Expenses Paid 135400 13540000 Prepaid expenses 2005-1280 72500. Report its operating activities using the indirect method.
Depreciation expense 25750 Accounts receivable increase Inventory increase Prepaid expense decrease Accounts payable decrease Loss on. Forten Company a merchandiser recently completed its calendar-year 2015 operations. Declared and paid cash dividends of 53300 x Answer is not complete FORTEN COMPANY Spreadsheet for Statement of Cash Flows For Year Ended December 31 2017 Analysis of Changes December 31 December 31 Debit Credit 2016 2017 Balance sheet-debit S Cash 89500 S 73900 Accounts receivable 68625 23305 89930 Inventory 267800 31856 299656.
FORTEN COMPANY Statement of Cash Flows For Current Year Ended December 31 Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Cash flows from financing activities Net increase decrease in cash Cash balance at December 31 prior year Cash balance at December 31 current year. For the year 1 all sales are credit sales 2 all credits to Accounts Receivable reflect cash receipts from customers 3 all purchases of inventory are on credit 4 all debits to Accounts Payable reflect cash payments for inventory and 5 Other Expenses are paid in advance and are initially debited. FORTEN COMPANY Statement of Cash Flows For Current Year Ended December 31 Cash flows from operating activities Net income 112975 Adjustments to reconcile net income to net cash provided by operations.
Problem 12-2AA 60 minutes FORTEN COMPANY Spreadsheet for Statement of Cash Flows For Year Ended December. For the year 1 all sales are credit s. Prepare a complete statement of cash flows using the indirect method for the current year.
5 Cash flows from investing activities Cash flows from financing. Am Indicated with a minus sign FORTEN COMPANY Statement of Cash Flows For Current Year Ended December 31 Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operations. Forten Company - Statement of Cash Flows Forten Company - Statement of Cash Flows - 10 Sep 2015 Forten Company a merchandiser recently completed its.
Chapter 12 Indirect. BSold equipment costing 70875 with accumulated depreciation of 38125 for 19625 cash. For the year 1 all sales are credit sales 2 all credits to Accounts Receivable reflect cash receipts from customers 3 all purchases of inventory are on credit 4 all debits to Accounts Payable reflect.