The accounting records of Baddour Company provided the data below. $4,680 6,100 460 Net loss Depreciation expense Increase in salaries payable Decrease in accounts receivable Increase in inventory Amortization of patent Reduction in discount on bonds 1,900 2,350 340 240 Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The accounting records of Baddour Company provided the data below.
$4,680
6,100
460
Net loss
Depreciation expense
Increase in salaries payable
Decrease in accounts receivable
Increase in inventory
Amortization of patent
Reduction in discount on bonds
1,900
2,350
340
240
Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts to be deducted should be indicated with
a minus sign.)
Transcribed Image Text:The accounting records of Baddour Company provided the data below. $4,680 6,100 460 Net loss Depreciation expense Increase in salaries payable Decrease in accounts receivable Increase in inventory Amortization of patent Reduction in discount on bonds 1,900 2,350 340 240 Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.)
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