FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Kennedy, Inc. reported the following data:
Net income | $171,757 |
14,794 | |
Loss on disposal of equipment | (8,647) |
Gain on sale of building | 20,414 |
Increase in |
7,530 |
Decrease in accounts payable | (3,630) |
Prepare the
Kennedy, Inc. | ||
Statement of Cash Flow | ||
Cash flows from operating activities: | ||
Adjustments to reconcile net income to net cash flow from operating activities: | ||
Changes in current operating assets and liabilities: | ||
Net cash flow from operating activities |
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