Please send me the question in 20 minutes it's very urgent plz Income Statement for the year ended December 31, 2021Net sales$65,117Gain on disposal of fixed assetsCost of goods sold500(26,825)(31.814)6,978(1.973)Operating and other expensesEarnings before tax on incomeTaxes on incomeNet earnings$ 5.005Required: Prepare a 2021 Statement of Cash Flows for Edan Inc., using the indirect method.

A statement of cash flows is prepared to know the cash inflows and cash outflows of the company…

Income Statement for the year ended December 31, 2021 Net sales $65,117 Gain on disposal of fixed assets Cost of goods sold 500 (26,825) (31.814) 6.978 Operating and other expenses Earnings before tax on income Taxes on income Net earnings Required: Prepare a 2021 Statement of Cash Flows for Edan Inc., using the indirect method. (1.973) $ 5,005

Income Statement for the year ended December 31, 2021 Net sales $65,117 Gain on disposal of fixed assets Cost of goods sold 500 (26,825) (31.814) 6.978 Operating and other expenses Earnings before tax on income Taxes on income Net earnings Required: Prepare a 2021 Statement of Cash Flows for Edan Inc., using the indirect method. (1.973) $ 5,005

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 11PA: Use the following excerpts from Tungsten Companys financial information to prepare a statement of...

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